A major state-run Chinese media outlet uploaded a video containing derogatory depictions of Indians in what could be the latest flashpoint amid escalating tensions between Beijing and New Delhi. Late on Wednesday, Xinhua — widely seen as a mouthpiece for the ruling Communist Party — released an English-language video about ongoing border clashes between Indian […]
Read moreA territoriality aggressive China, North Korea’s nuclear hostility and a chaotic White House under President Donald Trump are key factors that could derail Asia’s steady economic growth. The continent largely owes its massive economic ascent to the lack of major military conflict across borders, Richard Haass, president of the Council on Foreign Relations, wrote in […]
Read moreSouth Korean President Moon Jae-in said on Thursday U.S. President Donald Trump has promised to seek Seoul’s approval before pursuing any option against nuclear-armed North Korea. Trump’s recent aggressive comments about deploying possible military options underscored his resolve to counter the threat from the North’s nuclear weapons and missile programs. However, they do not appear […]
Read moreWhile the world has focused on North Korea, the globe’s two biggest emerging economies are squaring off over their shared border. China and India’s borderlands, though geographically desolate and inhospitable, have been a hot spot for increasing military tension in recent months. The two giants are wrestling more broadly for hegemony in Asia, and given […]
Read moreA burst of global trade starting from the end of last year has been driving Asia’s economic growth, but it isn’t clear whether the region can count on it to continue. The recent step up in trade was sizable: South Korea, for one, reported that July exports jumped around 20 percent from the same month […]
Read morePresident Donald Trump’s Chief Strategist Steve Bannon didn’t mince his words about the White House’s outlook on China in a new interview published Wednesday by the American Prospect. The president on Monday signed a memorandum that could lead to a trade investigation of alleged Chinese theft of intellectual property. That came as Trump presses for […]
Read moreA rally in the dollar was halted on political turbulence stateside while investors digested the Wednesday release of the Federal Reserve’s minutes ahead of the Asia market open on Thursday. President Donald Trump unexpectedly said on Wednesday he was disbanding two advisory councils comprising prominent business executives. The move came after several members of Trump’s […]
Read morePresident Donald Trump‘s bid to open Sydney’s first casino 30 years ago was thwarted after regulators expressed concern over his alleged “mafia connections”, it was revealed on Wednesday. Australia’s New South Wales (NSW) police board recommended against approving an offer from the former New York businessman and a local developer, according to a report from […]
Read moreChina’s economy is looking good enough that the International Monetary Fund is raising its outlook, but the organization is doing so with a strong warning over growing debt in the world’s second-largest economy. The IMF issued its annual review of China on Tuesday, and has revised its growth forecast to 6.7 percent for 2017, which […]
Read moreIndian and Chinese soldiers were involved in an altercation in the western Himalayas on Tuesday, Indian sources said, further raising tensions between the two countries, which are already locked in a two-month standoff in another part of the disputed border. A source in New Delhi, who had been briefed on the military situation on the […]
Read more