-
East Asia
Lee Kun Hee Still Business Savvy
The AsiaN – Park Se Jun Samsung Electronics will issue a product recall for the “Galaxy Note 7,” the electronics giant’s new flagship, over the smartphone’s battery explosions. Since the first report of an exploding battery on the 24th, Samsung has kept a close eye on the situation. On the…
Read More » -
East Asia
China adds 7 new free trade zones
Chinese authorities have decided to set up seven new free trade zones (FTZs) across the country, bringing the total number to 11 as China looks to replicate the success of previous trials. The new FTZs will be located in the provinces of Liaoning, Zhejiang, Henan, Hubei, Sichuan and Shaanxi as…
Read More » -
East Asia
Japan-Turkey consortium building big plant in Turkmenistan
Consortium of Japan’s Kawasaki and Turkey’s Ronesans is constructing a big gas processing plant in Turkmenistan’s Ovadan to produce high-quality gasoline from natural gas, said the Turkmen oil and gas complex in a message Aug. 31, Trend reports. The project’s customer is the country’s Turkmengas State Concern. At the current…
Read More » -
East Asia
G20 shouldn’t be distracted by geopolitics
Liu Zongyi – People’s Daily The 11th G20 summit is set to convene in Hangzhou, East China’s Zhejiang Province, on September 4-5. In order to host a successful summit, China has made thorough preparations. Since assuming the G20 presidency on December 1, the country has hosted a series of high-level…
Read More » -
East Asia
Promotion of Borjomi Begins in South Korea
As a result of the promotion by the Embassy of Georgia of a mineral water – Borjomi, it has now started to be exported to the Republic of Korea. According to the supply agreement between IDS Borjomi Georgia and commercial firm ANK Service Co, the first shipment of Borjomi was…
Read More » -
East Asia
Korea on knife edge
Donald Kirk – The Korea Times U.S.-China relations are at their worst in years, and North and South Korean are not getting along either. In fact, relations between those two are at such a low ebb that two-way trade, once about several hundred million dollars a year, has almost ceased.…
Read More » -
East Asia
Chinese unmanned metro to launch in 2017
Beijing has announced plans to unveil the country’s first domestically developed, fully automated subway next year, in tandem with the scheduled opening of the Yanfang line. The new line will connect the southeastern suburb of Yanshan, which houses a number of petroleum and chemical enterprises, with Fangshan, where passengers can…
Read More » -
East Asia
Large, moody and dangerous
Andrei Lankov – The Korea Times It is clear, that since mid-July, the relations between South Korea and China, which in recent years had been quite friendly, have begun to deteriorate quickly. The reason for this crisis is widely known: in July, despite stern warnings from Beijing, the South Korean…
Read More » -
East Asia
Pakistan donates 10,000 tons of rice to flooded areas in Hubei province
The first batch of rice donated by Pakistan to flood-stricken areas in central China’s Hubei province arrived at Wuhan Tianhe Airport on Aug. 22. The Hubei provincial government held a handover ceremony at the airport for the first 22 tons of rice. According to the donation plan, Pakistan will donate…
Read More » -
East Asia
Missiles vs. missiles
Donald Kirk – The Korea Times The prospect of a missile war between North and South Korea poses a threat to regional stability that previously seemed unimaginable. Images of North and South Korean gunners firing ballistic missiles at one another from redoubts far north and south of the demilitarized zone…
Read More »