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India, China sign on to Copenhagen accord
India and China have signed on to the Copenhagen climate change agreement reached in December 2009, which calls for setting voluntary limits on emissions of greenhouse gases. More than 100 countries have now agreed to the Copenhagen accord, including all major economies except for Russia. The accord states the countries’ “aim” to keep [...] -
China-ASEAN rail link development on track
Plans are advancing for a rail network that would eventually link Singapore to Kunming, China through six Southeast Asian nations. There are still gaps in the various national lines that would link the countrys, and many parts of the current track are decrepit. Currently, critical gaps are being filled in Cambodia. The ADB as [...] -
Caution or optimism over Asian economic recovery?
After Taiwan and Thailand announced strong economic growth in 4Q 2009, the Financial Times and Bloomberg responded with reports on increased demand and better growth prospects in Asia for 2010. Taiwan’s fourth quarter growth was up 9.6% year-on-year, while Thailand’s was up 5.8%. The New York Times, however, was less optimistic, and stressed that the [...] -
Timeline: straining of US-China relations in 2010
In the initial months of 2010, there was a shift in U.S. strategy, with the U.S. seeming reluctant to cede to China any diplomatic ground at all. Secretary of State Hillary Clinton criticized China for censoring the Internet, in the wake of Google’s allegations about Chinese hackers. The Obama administration went ahead with weapons sales [...] -
Iranian nuclear program received with mixed reactions
On Wednesday, 3rd of February, Iran launched a rocket into space, violating international law. Iran now faces the threat of new sanctions from the US and others. The incident has also increased diplomatic tensions between countries that disagree how to engage Iran, especially the US and China. The domestically-produced Kavoshgar-3 rocket was equipped with a satellite [...] -
US, China face off with sanctions, censure over Taiwan, Iran
The United States and China are locked in an escalating row over US arms sales to Taiwan. The row was sparked by a 6.4 billion-dollar sale of missiles, helicopters, ships and other weaponry. -
Hong Kong Legislators resign in a bid for full democracy
Five Hong Kong legislators have resigned from the Legislative Council, Hong Kong’s lawmaking body. The legislators represent two of the five pro-democracy political parties in Hong Kong. Their actions represent a desire to press for direct elections, a desire also held by some of the general public, in an attempt to force the Chinese communist [...] -
Compass: China’s external relations, trade and economy
APV Compass is a twice-weekly feature. It points readers to useful analysis of recent issues in the Asia-Pacific. -
State-run Indian company plans to take 4% stake in Myanmar-China pipeline
State-run Indian company Gail intends to acquire a 4% stake in the USD $2.01 billion Myanmar-China gas pipeline. The investment of Gail and OVL a subsidiary of the Oil and Natural Gas Corporation Limited would amount to approximately USD $250 million in the project. Gail’s investment comes after reports that its net profits have undergone a three-fold [...] -
Analyzing views on the sustainablity of China’s growth
In the past week, many have begun to question the sustainability of China’s quick economic recovery. Others in response have risen to defend it. The issue is an important one, especially for the economies of Southeast Asia. China accounts for 11.3 per cent of Southeast Asia’s external trade, and with developed nations still struggling to [...] -
China, Japan tensions flare over natural gas
Chinese Foreign Minister Yang Jiechi and his Japanese countepart Katsuya Okada met Sunday to further promote China-Japan relations, but what made headlines was a spat over disputed boundary claims in the East China Sea. In his talks with Yang, the Japanese foreign minister said that Tokyo would take “action” if China violated a 2008 agreement over [...] -
Taiwan, China set talks for Dec 21-23
Taipei has confirmed that high-level talks with China will occur from December 21 to 23 on the city of Taichung. The talks are the fourth since relations between the two sides began to markedly improve in 2008. Though cross-Straits relations had improved consistently for some time, domestic pressure in Taiwan has mounted in recent weeks. An incident [...] -
EU urges China to show leadership on climate change
NANJING, China: The EU said Monday cataclysmic climate change cannot be averted without Chinese leadership, as the two sides wrapped up a summit with China defending its efforts against global warming. “We cannot solve the climate challenge to mankind without China taking on leadership and responsibility,” Swedish Prime Minister Fredrik Reinfeldt said in his capacity as [...] -
China, Japan, South Korea sign memorandum on food safety
TOKYO: Health ministers from Japan, China and South Korea agreed on Monday to step up efforts to ensure food safety following concerns over pesticide-tainted Chinese dumplings. Japanese Health Minister Akira Nagatsuma, his Chinese counterpart Chen Zhu and South Korean health chief Jeon Jae-Hee signed their first joint memorandum on food safety after a meeting in Tokyo, [...] -
Vietnam, China agree to further boost economic cooperation
Vietnam and China agreed in Hanoi on Friday to further strengthen the cooperation in the economic corridor involving China’s Yunnan province and four Vietnamese localities of Hanoi, Lao Cai, Hai Phong and Quang Ninh. The agreement was made in the minutes signed by the involved parties at the wrapping up of the fifth conference on Vietnam-China [...] -
US, China stress cooperation on world issues, broach divides
BEIJING: US President Barack Obama and China’s Hu Jintao Tuesday pledged to apply their joint political might to the world’s toughest problems, but friction was evident on Tibet, economics and Iran. In solemn talks at the Great Hall of the People in Beijing, the high point of Obama’s debut visit to China, the leaders ploughed through [...] -
Session 5: China’s Response to the Global Financial Crisis: What Role Can China Play to Support Global Recovery?
The afternoon’s first session focused on China’s role in the global economic recovery. With developed countries mired in recession, China is now seen by many as the largest engine for global economic growth, and the country that may “lead” the world out of recession. But many questions persist, such as whether the world economy can rebalance, and whether China’s recovery is sustainable. The session consisted of a speech from Chinese President Hu Jintao followed by a lively discussion between Jiang Jianqing, Chairman and Executive Director, Industrial and Commercial Bank of China (ICBC), Hermann Ude, CEO, DHL Global Forwarding, Derek Williams, Executive Vice President, Oracle Corporation, and Marjorie Yang.
