Japan’s economy had record high deficits during 2012 due to falling exports to Europe and China in a trade gap estimated at $78 billion. Newly elected Liberal Democratic Prime Minister Shinzo Abe has proposed an aggressive round of stimulus spending to stoke the fires of economic development in the world’s third largest economy. The […]
Read MoreChina’s National Defense University Senior Colonel Liu Mingfu warns Australia not to dance with the ‘tiger’ (US) and the ‘wolf’ (Japan), raises the possibility of a nuclear attack on Japan. Diplomats are increasingly hoping for an eleventh hour miracle in the talks to resolve the ongoing dispute between two of East Asia’s greatest powers, the […]
Read MoreThe United States and Japan will be conducting a thorough review of their joint security arrangements after the election of Shinzo Abe returned the US-friendly Liberal Democratic Party of Japan (自由民主党) to power in Tokyo. Amid worsening tensions with China over the Senkaku Islands(尖閣諸島)/Diaoyu Islands (釣魚台列嶼), and the spectre of a nuclear North Korea capable of […]
Read MoreJapanese electronics giant Canon announced it was suspending operations at 3 of its 4 Chinese factories over the weekend in response to the violent riots that have gripped the PRC since the Japanese government’s announcement of a plan to nationalize the disputed Senkaku/Diaoyu islands. Panasonic has reported that it is the victim of sabotage at one […]
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