Japan hopes to contribute to global rule-making as Prime Minister Fumio Kishida hosts the leaders of the Group of Seven (G7) advanced economies in Hiroshima on May 19-21. To do so, it will have to push an agenda that can ultimately shape Chinese behavior for the better, keep a distracted United States locked into a […]Continue Reading
From May 2020, Beijing blocked the import of roughly a dozen Australian goods for which China was the major market, cutting imports worth around A$20 billion (US$13.4 billion) annually. The deteriorating political relationship between Canberra and Beijing was the proximate cause, but a trade deal between Beijing and Washington involving increased Chinese imports of US […]Continue Reading
Food delivery firm Zomato is flying biryani across cities and delivering it to the doorstep of Indians.Continue Reading
India, by some estimates, is the world’s most populous country and one of its most youthful. But as its population and economy expand – the International Monetary Fund projects the economy to grow by 6.1% this year, among the fastest in the world – so is the unemployment rate. Unemployment stood at 7.45% in February, up from 7.14% […]Continue Reading
For Xi Jinping, last week was easily among the best the Chinese leader has had in a long while. First, French President Emmanuel Macron dropped by to talk up the merits of Europe forging a diplomatic path independent of the US. For good measure, Macron gave Beijing the impression Paris isn’t keen on coming to […]Continue Reading
SEOUL/TOKYO: South Korea and Japan’s finance ministers will hold a bilateral meeting early next month for the first time in seven years, heralding closer cooperation in economic policy that has been hampered by diplomatic conflict. South Korean Finance Minister Choo Kyung-ho told reporters during a visit to the United StatesContinue Reading
SHANGHAI: Tesla’s Shanghai factory workers took to social media to appeal to Elon Musk and the Chinese public after being told at the weekend about cuts to their performance bonuses, according to online posts and employees who spoke to Reuters. Several of the posts said they believed the deductions wereContinue Reading
The emerging new always both frightens and inspires the fading old. History is evidence of that unity of opposites. Sharp-edged rejections of what is new clash with enthusiastic celebrations of it. The old gets pushed away even as bitter denials of that reality surge. The emerging new world economy displays just such contradictions. Four major […]Continue Reading
Members of a fishing community are upset with a fishmeal plant that is disrupting life on their shores.Continue Reading
Japan’s foreign policy stance strikes the right tone in a region on alert for potential big power rivalry to worsen, say Joanne Lin and William Choong from the ISEAS-Yusof Ishak Institute.Continue Reading