The Politics of TPP: Target China
Editor’s note: The US is touting the Trans-Pacific Partnership(TTP), a proposed trade agreement linking Asian and American economies, as a way to foster greater economic integration and propel growth for members. Some analysts argue that it is clearly targeted at a rising China, while others say it does not exclude China. Wang Yong writes, in […]
Is TTP aimed at thwarting China?
Editor’s note: The US is touting the Trans-Pacific Partnership(TTP), a proposed trade agreement linking Asian and American economies, as a way to foster greater economic integration and propel growth for members. Some analysts argue that it is clearly targeted at a rising China, while others say it does not exclude China. Japanese economist Takashi Terada […]
Japan’s excess liquidity worries neighbors
Editor’s note: Japan ushered in a new era of economic policy with new governor of the Bank of Japan Haruhiko Kuroda at the helm, while Asian neighbors looked on warily. Kuroda came up with plans to unleash a torrent of liquidity designed to wash away decades of Japan’s economic underperformance. Economists herald the moves as […]
Taiwan sets to manage Korean risks
To cushion the blow of possible Korean Peninsula fallout on its economy and trade, Taiwan’s Ministry of Economic Affairs (MOEA) has readied a package of countermeasures, according to an MOEA report to be delivered at the Legislative Yuan on Apr 15. The Foreign Affairs and National Defense Committees of the Legislative Yuan held a joint […]
Taiwan’s middle-income trap
Editor’s note: Taiwan’s economy, built on an export-oriented manufacturing sector, was once a powerhouse of Asia’s emerging economies. But over the past decade or so, growth in personal income has slowed considerably and the Taiwanese economic miracle has begun to fade. The key to reviving the economy lies in promoting Taiwan’s long neglected services sector, […]
China’s growth forecast higher at 8.2%
Robust recovery of China and India boosts growth in ASEAN countries Economic Growth in emerging Asia is expected to show robust expansion this year, thanks to a recovery in big economies including China and India, but capital inflows will continue to pressure currencies, says the Asian Development Bank (ADB). ADB’s 2013 Asian Development Outlook released […]
Boao Forum claims to be ‘Asia’s Davos’
Chinese President Xi talks of peace, openness and common development Asia has become a major growth engine for the world economy but needs to transform its development model, Chinese President Xi Jinping said. Xi also expressed China’s wish to work with regional leaders to build a better future for Asia and the world. Xi delivered […]
The aquatic bank branch “Bank on the Boat” sets to sail in Bangkok
The “Bank on the Boat” sails on the Mae Nam Chao Phraya River, in Bangkok, Thailand, April 4, 2013. Thailand Government Savings Bank opened its first aquatic branch in 1958 for the convienience of the inhabitants living onshore. Now the “Bank on the Boat” still works for those residents alongside the bank of Mae Nam […]
Cambodia Airlines signs a joint venture with Filipino San Miguel Corporation
Kith Meng (Front R), president of Cambodia Airlines, and Ramon S. Ang (Fromt L), president of San Miguel Corporation and Philippine Airlines, sign a joint venture agreement in Phnom Penh, Cambodia, April 2, 2013. Cambodia Airlines, a majority-owned Cambodian company, and San Miguel Corporation, the Philippines’most diversified conglomerate, on Tuesday signed a joint venture agreement […]
Iranian boycott of pistachio praised as a way to leave more nuts for exporting
In this Sunday, March 31, 2013 photo, an Iranian shopkeeper sells pistachios, at his shop in western Tehran, Iran. Pistachios are Iran’s top non-oil export and provide work for hundreds of thousands of people. Still, Iranian authorities are backing the boycott. They laud it as a way to decrease domestic pistachio consumption and leave more […]
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