Sinking US aircraft carriers will resolve tension in South China Sea, says Chinese admiral

FILE: The USS Ronald Reagan during a dual carrier strike force exercise. (Twitter) The deputy head of a Chinese military academy told an audience in Shenzhen last month that tensions in the South China Sea could be resolved by sinking a … Read More

Chinese markets’ 2018 performance was their worst in a decade

posted in: Far East, News

2018 has been unkind to China’s stock markets. Major indexes in Shanghai and Shenzhen both saw annual losses of more than 24 percent in 2018. Two major factors unsettled the Chinese markets for much of 2018: The ongoing trade war … Read More

Moon ends 2018 with lowest approval rating

posted in: Far East, News

In this April 27, 2018, file photo, North Korean leader Kim Jong-un, left, poses with President Moon Jae-in for a photo inside the Peace House at the border village of Panmunjom in Demilitarized Zone (DMZ), South Korea. AP-Yonhap President Moon … Read More

Japan Ramps Up Defense Capabilities in Response to China Threat

posted in: Far East, News

2019-2023 Midterm Defense Buildup Program, China threat, Defense Spending Ratio, F-35B, Izumo Aircraft Carriers, Izumo-class destroyers, Japan’s Defense, Japan’s Self-Defense Forces, Nansei chain of islets, National Defense Program Guidelines, Security in Cyberspace, Security in Outer Space, Sense of Urgency, Shinzo Abe, Takeshi Iwaya   The Japanese government endorsed new National Defense Program Guidelines in a Cabinet … Read More

Tokyo lodges strong protest with Seoul over act ‘almost equal to use of weapons’

TOKYO (THE JAPAN NEWS/ASIA NEWS NETWORK) – The Japanese government has lodged a strong protest with South Korea after one of its destroyers locked-on to a Self-Defence Forces (SDF) aircraft with fire-control radar, because the act can be considered almost … Read More

US, China cool trade tensions after phone call

In this file photo taken on Dec 05, 2018, a Chinese and US national flags hang on a fence at an international school in Beijing, China. Source: AFP THE US and China on Sunday “made new progress” on the issues … Read More

China playing power politics with Canada

posted in: Far East, News

Two days after warning Canada of “grave consequences” if it did not immediately release Meng Wanzhou, chief financial officer (CFO) of China’s tech giant Huawei and daughter of its founder, China arrested two Canadians. Last Thursday, Chinese Foreign Ministry spokesman … Read More

North Korea condemns U.S. sanctions, warns denuclearization at risk

SEOUL (Reuters) – North Korea on Sunday condemned the U.S. administration for stepping up sanctions and pressure on the nuclear-armed country, warning of a return to “exchanges of fire” and that disarming Pyongyang could be blocked forever. The North’s stinging … Read More

China sets sights on ‘powerful home market’ to drive growth through 2019 trade turmoil

Leadership focuses on domestic agenda to suggest it is not caving in to US demands, analyst says China will try to develop “a powerful home market” to help offset external uncertainties next year, the country’s top leadership agreed on Thursday, … Read More

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