ON FEBRUARY 6th, a few days before the Chinese new year, banks in Taiwan offered something new to their customers: deposit accounts in China’s currency, the yuan. The banks were full of seasonal generosity, offering much better terms than depositors normally enjoy. At Bank SinoPac, customers without two yuan to rub together can open an […]
China and India announced they will resume joint military exercises at the conclusion of the Annual Defense Dialogue on January 14. It suggested a sign of growing engagement. The People’s Daily applauded India’s decision to go ahead with the exercises in the face of pressure from the US and Japan. “The future generations are assured […]
THE border between Yunnan province and northern Myanmar (formerly Burma) has always been porous. To the people who live in the region, the border is a crooked mark on other people’s maps, an arbitrary boundary snaking its way 2,400 kilometres through rugged and wild terrain. The authorities in Beijing have seen the same land as […]
China surpassed the U.S. to become the world’s biggest trading nation last year as measured by the sum of exports and imports of goods, a milestone in the Asian nation’s challenge to the U.S. dominance in global commerce that emerged after the end of World War II. U.S. exports and imports of goods last year […]
As China and Japan fight over uninhabited islands in the East China Sea, Yeap Swee Chuan is benefiting. Yeap is president and chief executive officer of Aapico Hitech, a Thai auto parts maker that supplies Toyota and Honda as well as small and midsize Japanese companies. The company’s stock price has more than doubled in the […]
As China prepares to finalize the leadership transition that began last November and will conclude in March, there is no shortage of proposals for world leaders to engage China’s new leader Xi Jinping as the foundation for the future of relations with China. The idea is to get in “on the ground floor” as Xi takes over from Chinese President Hu […]
China‘s positive economic influence has been surging in surrounding countries over the past five years, as the nation overtook the United States to become the largest trading partner of 124 economies by 2011. The number was only 70 in 2006. The US may not be as thrilled. The country has seen a sharp decrease in […]
External Affairs Minister Salman Khurshid began an official visit to Chile and Argentina on Tuesday night. This is the first ever visit of an Indian Foreign Minister to Santiago. The fact that Mr. Khurshid will be there less than four months since taking charge is hopefully a sign of evolving priorities towards the region. On […]
Two years ago this month, Burma’s current government took office amid broad international condemnation for the rigged election — replete with fraud and intimidation — that put it there. Despite this inauspicious start, Burma politics have opened in the last year and a half, and the country’s economy has liberalized more quickly than any other […]
Iranian President Ahmadinejad’s visit to Cairo, the first by an Iranian head of state in decades, may herald the long awaited restoration of historically close ties between the two nations Read Here – Ahramonline
