https://www.globaltimes.cn/page/202205/1265767.shtml Zheng Yongnian a professor at the Chinese University of Hong Kong, Shenzhen, and president of the Institute for International Affairs, Qianhai, believes that the current US irrational China policy is a result of the collective panic the US has on China. “What is your take about US trade officials becoming hawks? Is there any rationality left in US politics?”… Read more »
https://apnews.com/article/russia-ukraine-japan-asia-tokyo-china-88fa4b1c481a406ee0355fe0701c6901 Japan and the European Union agreed to step up their sanctions against Russia as leaders from the two sides expressed concerns about the war’s impact in the Indo-Pacific, where they seek to strengthen their partnership and increase engagement amid China’s growing assertiveness. Japan supports tough sanctions against Russia and ample support for Ukraine because the war shakes the foundation… Read more »
https://apnews.com/article/business-china-australia-beijing-scott-morrison-0982f948c461388ad5c69eef3726cb6b On Monday, Australia’s prime minister reported his awareness of China’s ambitions in the southwest Pacific after a newspaper reported Beijing’s plans to build wharves, shipyards and underwater cables in the Solomon Islands. The Australian newspaper published a leaked four-page draft maritime cooperation agreement between the Solomon Islands and China. This report follows the recent confirmation by China and the… Read more »
https://apnews.com/article/russia-ukraine-biden-asia-united-states-8efe01d970bc67ce19607c692d72e446 Joe Biden, the president of the United States, has decided to nominate one of his national security aids to be an ambassador to the Association of Southeast Asian Nations, in order to continue his attempts to further relations in the pacific region. This happened after he wrapped up two days worth talks with ASEAN in Washington DC in order… Read more »
https://www.ft.com/content/f2f67214-64a1-40a4-92b9-63a343cf7f97 The Biden administration has announced it will invest $150 million in south-east Asian countries in an effort to boost economic power in a region with economic powerhouse, China. Biden promised the asian leaders with up to 102 million in investments for countries in the region. An ally of the US, Japan, Responded to the investments with criticism. Japan claims… Read more »
https://apnews.com/article/russia-ukraine-biden-japan-united-states-58fb1071c04114c2f2371fed2b768f In order to refocus life on the pacific/east Asian region, president Joe Biden has hosted the first Association of Southeast Asian nations in Washington, DC. This two day summit has multiple missions and goals- the first being to extend an arm to the pacific region and continue to foster relations with the region and create prospective alliances for the… Read more »
https://www.scmp.com/news/asia/east-asia/article/3177140/us-calls-emergency-un-security-council-meeting-north-korea The United States felt that it was time for emergency action after the country of North Korea released that they had done yet another nuclear weapons test- making this 15 for the year. This most recent launch, done on Saturday, was a submarine ballistic missile. Another missile test, done in March, was the first intercontinental ballistic missile since 2017…. Read more »
Link to article: https://www.reuters.com/world/asia-pacific/us-calls-out-russia-china-opposition-un-action-nkorea-2022-05-11/ Currently, the North Korean government is preparing for its seventh nuclear test facing backlash from several countries including several members of the United Nations Security Council. For example, currently, the United States is trying to pass additional sanctions on North Korea to strengthen the recent 2017 sanctions. Currently, the United States is arguing that the current… Read more »
https://apnews.com/article/russia-ukraine-putin-boris-johnson-london-europe-89866f48f04c8ad1849505c39bef50ff As the conflict between Russia and Ukraine continues, outreach efforts by western countries have increased to try and minimize the fallout from the conflict, as well as protect other countries from Russia’s influence. But before the conflict in Ukraine ever unfolded, the UK highlighted that they would want to begin expanding it’s relations with countries in East Asia (this… Read more »
https://www.reuters.com/world/china/how-pboc-might-respond-chinas-weakening-yuan-2022-05-11/ The Yuan, which is the name of the currency that China uses, has fallen 5% in value in China. The last three weeks speculation has been raised over when and how the People’s Bank of China (PBOC) might act to slow its depreciation. The main factors for this depreciation are the interest rates in the United States going up,… Read more »
