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united states Archive
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China Pledges Yuan Flexibility
On Sunday, China stated that any appreciation in its currency value would be gradual, a day after announcing that it would allow a more flexible currency. This move is a clear attempt to reassure the Chinese people that there would not be a disruptive change, many of whom view the appreciation as a sign of [...] -
Japan’s Hatoyama Steps Down over Base Row
According to national broadcaster NHK, Japanese Prime Minister Yukio Hatoyama will announce his resignation at an emergency plenary meeting of ruling party lawmakers later today. Hatoyama’s broken campaign promise to move a US Marine base off Okinawa caused protests to erupt and approval ratings for the Democratic Party of Japan to drop severely. This announcement comes [...] -
South Korea Ends Warship Investigation, Formally Accuses the North
With strong US backing, South Korea officially wrapped up a painstaking investigation into a naval disaster widely suspected to be the work of North Korea. It is reported that South has found “decisive evidence” with a similar chemical make-up to elements found in a stray North Korean torpedo the South Koreans found seven years ago. Gathered [...] -
Protestors Gather in Okinawa Against US Base
Nearly 100,000 demonstrators gathered in Okinawa on Sunday to rally for a long-term US air base to shift off the island. This dispute is one of the largest in years, and is driving a large wedge between Tokyo-Washington relations. Protestors signaled warnings toward Prime Minister Hatoyama by dressing in yellow, reminding him of the promise he [...] -
US Delays Currency Report on China, Brightens Relations
The US Treasury has decided to delay release (originally due out April 15) of a potentially incendiary currency report that may have labeled China a “currency manipulator”, signaling to China that the Obama administration prefers to resolve the dispute diplomatically. Many believe that China undervalues the yuan by 20%-40%, a move which boosts Chinese exporters [...] -
The changing state of US-Asia ties
The Straits Times, THINK TANK, 24 Mar 2010 UNITED States President Barack Obama’s decision to postpone his visit to Indonesia and Australia last week was understandable. The health-care Bill, a centrepiece in his legislative agenda, was at a critical juncture and domestic priorities trump international visits. Moreover, the President had visited Asia less than six months [...] -
Google Ceases Operations in China Following Dispute
Following the demise of Google’s search engine in China, the world’s largest search engine attempted to circumvent censorship by rerouting Mainland users to its servers in Hong Kong. This unorthodox move sparked backlash from the State Council Information office, citing the move as “totally wrong” and “violating the written promise it made on entering the [...] -
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 [...]
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