Apr 19, 2015

Japan, U.S. consider joint surveillance in South China Sea

The Japanese and U.S. governments are considering having the Self-Defense Forces and U.S. military conduct joint patrols and surveillance in the South China Sea, where China has been increasingly active, according to informed sources. The initiative is aimed at ensuring the stability of sea ...

AIIB rise reflects new economies

Apr 18, 2015

AIIB rise reflects new economies

by Mie Sakamoto

A planned Chinese-led investment bank may not have been the major theme at a meeting of Group of 20 finance chiefs, but it drew significant attention amid the growing presence of emerging economies. On the sidelines of the gathering, which ended Friday, Finance Minister ...

Obama warns TPP failure would let China write trade rules

Apr 18, 2015

Obama warns TPP failure would let China write trade rules

President Barack Obama, trying to sway skeptics on free trade among his supporters, said Friday that if the U.S. can’t come to terms on an accord being worked on with other Pacific nations, China will step in to fill the void. Asia has the ...

Apr 17, 2015

Emerging economies hail new China-led investment bank

A group of 24 emerging economies on Thursday welcomed plans to establish the China-led Asian Infrastructure Investment Bank. In a statement they said they “look forward” to the creation of the AIIB. The statement followed a meeting on the sidelines of the biannual IMF-World ...

China's incredible shrinking factories

| Apr 17, 2015

China's incredible shrinking factories

by Alexandra Harney

Eight years ago, Pascal Lighting employed about 2,000 workers on a leafy campus in southern China. Today, the Taiwanese light manufacturer has winnowed its workforce to just 200 and leased most of its space to other companies: lamp workshops, a mobile phone-maker, a logistics ...

Apr 17, 2015

Veteran Chinese journalist Gao Yu sentenced to 7 years

A Beijing court sentenced a veteran Chinese journalist to seven years in prison Friday after convicting her of leaking a document detailing the Communist Party leadership’s resolve to aggressively target civil society and press freedom as a threat to its monopoly on power. The ...