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Taste of Asia
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India’s Congress party leader Rahul Gandhi has accused Prime Minister Narendra Modi of accepting 400 million rupees (US$5.9 million) from the Sahara conglomerate when he was chief minister of Gujarat and demanded an independent inquiry. Modi’s BJP immediately dismissed the allegation, accusing Gandhi of being “desperate” after successive poll defeats for his party.
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China’s Xi Jinping said on Wednesday night that regulating the country’s residential rental market in order to restrain housing bubbles is crucial to improving people’s livelihoods. As we report in our round-up of market-moving stories in the Chinese-language media, President Xi told a meeting of the Central Leading Group for Financial and Economic Affairs that local governments should ensure taxation and land policies meet the needs of citizens.
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Students from China, and from other Asian nations, are responsible for a hefty revenue lift in US college towns, boosting local economies, writes Asia Times Editor-at-Large Doug Tsuruoka. An oft-cited study asserts that Chinese imports were responsible for the loss of 2.4 million US jobs over a dozen years. The flip side of the coin is tuition fees, board and other payments and spending from foreign students.
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I am the wisest man alive, for I know one thing, and that is that I know nothing.
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Re: Taste of Asia
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Like our coverage of Asian film? Then read Mathew Scott’s look back on the highlights of 2016, which he says showed an industry in rude health. “2016 is a year that brought creative gems from the big studios and never-say-die independents alike,” he writes.
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As Shinzo Abe makes an historic visit to Pearl Harbor, Kent. E Calder writes that debate over the meaning of the attacks 75 years ago should not be shunned. From remembering, he says, “we gain the strength to build what needs to be a constructive and cooperative trans-Pacific future.”
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In Japan, girls just wanna have guns. A small but growing number of Japanese women are taking to the forests, armed with a rifle, to shoot deer and wild boar. Since the late 1990s, the number of deer in Japan has jumped from less than 400,000 to more than 3 million, according to the Ministry of Environment. The boar population doubled to 1 million over the same period.
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To stay or go? Villagers in Myanmar’s Shan state face stark choices. With clashes having been ongoing since 2011, thousands live in constant fear of being caught in the crossfire between Burmese troops and ethnic rebels.
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I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
- කිත්සිරි ද සිල්වාTop contributor
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Re: Taste of Asia
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It’s 40 years since the trigger was pulled on the Lockheed bribery scandal – an event that led to the biggest political upheaval in postwar Japan and the arrest of Prime Minister Kakuei Tanaka. But how far was the US government involved in Tanaka’s downfall? Investigative journalist Eiichiro Tokumoto has delved into archives and eye-witness testimony to seek some answers.
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Japanese Prime Minister Shinzo Abe made a symbolic visit to Pearl Harbor with President Barack Obama on Tuesday, commemorating the victims of his country’s World War II attack and promising that it would never wage war again. The visit, just weeks before President-elect Donald Trump takes office, was meant to highlight the strength of the US-Japan alliance amid concerns that Trump could forge a more complicated relationship with Tokyo.
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Beijing-based designer Guo Pei, who hit the limelight in the US after the singer Rihanna wore one of her extravagant gowns, may be quiet and softly-spoken in person, but her outfits are anything but toned down. She speaks to Asia Times about her passion for detail, extravagance and eccentricity.
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Re: Taste of Asia
Cashless !
The markets are on edge, write Steve Wang and Benny Kung. In 2017, China’s financial institutions look set to face multiple threats: higher money market rates, a further slide in the yuan-dollar exchange rate, and intermittent shocks from high-profile defaults in the nascent bond market.
Market living on the edge
Battered Toshiba is running out of options. Faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders’ equity, the Japanese tech conglomerate is short on fixes: it is burning cash, cannot issue shares and has few easy assets left to sell.
End of Toshiba ?
Chinese Catholics must run their church “independently” from the Vatican and guide believers on a path of “Sinicisation”, a senior Communist Party official has stated. Yu Zhengsheng’s comments come against the backdrop of the Church’s efforts to heal a decades-old rift with China, where Catholics are divided between those loyal to the Vatican and members of a government-controlled official church.
Run independently
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China’s factory activity picked up more than expected in December, as shown by the Caixin/Markit Manufacturing Purchasing Managers’ Index, which rose to 51.9 on a seasonally adjusted basis. Demand accelerated, with output reaching a near six-year high, giving the manufacturing sector a solid boost heading into 2017.
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In a landmark judgment on Monday, India’s Supreme Court said political parties cannot seek votes in the name of “religion, race, caste, community or language”. The ruling has special significance for Uttar Pradesh, where India’s ruling BJP party is planning to woo Hindu voters in upcoming elections by promising to build a Ram temple at a disputed site.
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China’s state television network will begin airing its latest anti-graft documentary series from Tuesday evening, writes Benny Kung. The three-episode, prime-time series, named “To Forge Iron, One Must Be Strong”, reinforces President Xi Jinping’s populist campaign against corrupt officials.
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I am the wisest man alive, for I know one thing, and that is that I know nothing.
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Re: Taste of Asia
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It seems American princelings can make the most of their political connections just like their counterparts in China, writes Johan Nylander, after Donald Trump appoints his son-in-law, Jared Kushner, as his senior advisor in the White House. Kushner, who is heir to his family’s privately held multibillion-dollar real estate firm Kushner Companies, has been working for several months on a Manhattan property deal with Chinese investment giant Anbang Insurance.
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As Myanmar looks to attract foreign money to boost the economy, a sketchy and opaque legal system makes investors think twice Matthieu Baudey and Carole Oudot take a look at how the country is working toward a better business climate one year after the National League for Democracy’s landslide win in Myanmar’s historical elections.
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China has decided to rewrite history, ordering all textbooks from primary school to university to be republished to extend the length of the Chinese People’s War of Resistance against Japanese Aggression – widely known as the Second Sino-Japanese War in Western history books – from eight years to 14, writes Lin Wanxia. The War of Resistance will now start from September 1931 – the Mukden Incident – instead of July 1937 – the date of the Luguo Bridge Incident.
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A day after China’s President Xi Jinping gave his speech at the World Economic Forum in Davos championing globalization, the East Wind was due in London, bearing not only low-cost trinkets but the Chinese government’s high hopes for its New Silk Roads project. After a 12,000km journey from Yiwu in eastern Zhejiang province, Richard Cook reports that the 34-wagon train carries more than just goods.
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And the American Chamber of Commerce in China released a report, showing that more than 80% of its members say foreign companies are less welcome than in the past and most of them saying they have little confidence in China’s vows to open its markets. The survey is published hours after Beijing unveiled proposals to reduce restrictions on foreign investment in China. China will lower restrictions on foreign investment in banking, securities, investment management, futures, insurance, credit ratings and accounting, the State Council said on its website.
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On a lighter note, the Indian city of Rajasthan will host the 10th anniversary of the ZEE Jaipur Literature Festival, which starts on Thursday. Victoria Burrows reports that since its debut, the festival has hosted 1,300 speakers and welcomed nearly 1.2 million book lovers, and it has become the world’s largest free, unticketed event of its kind. Eka Kurniawan, the first native Indonesian to be nominated for the Man Booker International Prize, Lebanese-American statistician and writer Nassim Nicholas Taleb, and Irish film-maker Neil Jordan are among the guests.
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I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
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Half of all global fintech investments are in Asia, writes Johan Nylander. China in particular is leaving the rest of the world behind when it comes to financial technology, and the mobile payment sector is leading the charge. In a panel discussion in Davos last week, top Chinese and global players discussed the changing financial landscape and the possibilities and threats that lie ahead.
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Pepe Escobar, Asia Times columnist-at-large, weighs the likelihood of Donald Trump’s America welcoming Chinese investment and becoming, in effect, part of Xi Jinping’s global New Silk Road. If it’s a trade war the new US president would rather have, writes Pepe, he is likely to find himself on the back foot from day one.
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Chinese President Xi Jinping will head a new commission overseeing joint military and civilian development, state media in China have reported. The commission will look at promoting “integrated” modernization, as the country looks to develop a military-industrial complex commensurate with its economic might.
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_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
- කිත්සිරි ද සිල්වාTop contributor
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Re: Taste of Asia
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And if you happen to be celebrating the Year of the Rooster, Asia Times is looking to share your most stunning images of Chinese New Year. We’ll share the best of them with the world, so please be sure to say where each photo was taken and include a brief description of what they show.
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Almost a year since she shook the mixed martial arts world, Angela Lee has experienced a steep learning curve, writes Pedro Chan. She has rarely been out of the spotlight after lifting the ONE Championship atomweight crown in May becoming the MMA’s youngest world champion at 19. Now she is preparing for her first defense of the title on March 11 in Bangkok. The now-20-year-old Lee (6-0) will face Taiwan’s Jenny Huang (5-0).
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Moves are being made to herald a new king in Thailand, writes Shawn W. Crispin. The royal succession has been smooth, defying predictions of a tumultuous transition. On government buildings, shopping malls, and luxury hotels, larger-than-life portraits of recently deceased Thai King Bhumibol Adulyadej are gradually being replaced with images of his succeeding son – King Maha Vajiralongkorn Bodindradebayavarangkun. While black-clad Thais continue to mourn Bhumibol’s death last October, the new king is setting the pieces that will define his power and reign.
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Jie Jie is young, bright-eyed and works in a suburb of the city of Guangzhou in southern China. She’s mostly dressed in white, has a cute neckerchief and huge eyes that blink every four seconds exactly, and is the worst waitress I’ve ever met, writes Johan Nylander. The Steamed King Robot Restaurant is one of the few in Guangzhou – perhaps the only one – that still has a jiqiren, “machine man.”
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_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
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Since the end of the Cold War, America has been exporting a mirror image of its domestic self: not the classic combo of democracy and freedom, but guns, prisons, and security forces, writes William J. Astore. Globally, the label “Made in the USA” has increasingly come to be associated with violence and war. Weapons, warriors and fear are shaping up as the New Order for America under Donald Trump, who is like a Batman villain, a man who doesn’t believe in heroes — only in himself.
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Pakistan’s ultimatum to Afghan refugees living on its soil to leave the country by March 31 or face deportation has evoked much apprehension among the latter, writes Sudha Ramachandran. They are being forced back, but the situation in Afghanistan is hardly conducive to their return. The Global Peace Index notes that Afghanistan is the third least peaceful country in the world after Syria, and Iraq, where the overall security situation worsened “considerably” in 2016.
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_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
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Commentators are in a frenzy over an upcoming smackdown between US President Donald J. Trump and North Korean leader Kim Jong-un. The contest, much like a pro wrestling matchup could come, for example, if Trump tries to pressure Kim not to test an intercontinental ballistic missile capable of carrying a nuclear payload to American territory, writes Bradley K. Martin. After Kim in his New Year’s address boasted that his military was in the “final stages” of preparation for such a test, Trump was quick to tweet his initial response: “It won’t happen.”
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Amid global criticism after Trump’s executive order last week that suspended the US refugee programme and restricted entry to the United States for travelers from seven Muslim-majority countries, Julie L. Kessler shares her immigrant story. As a child of a Jewish refugee mother from Hitler’s Europe, she says Trump’s action returns the United States to some dark chapters of history.
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In choosing Elaine Chao as transport secretary, Trump has picked an ambitious overachiever in overdrive and the US Senate seemed to have no problem with that in confirming her nomination on Tuesday. Doug Tsuruoka takes a look at her credentials, what she brings to the job and whether she can open a door for Trump into China.
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- pee ratioActive Member
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Re: Taste of Asia
their he meet pretty boy in beijing and asked for mobile number.
Boy got excited and said:
"sex sex sex, wan free sex for tonight"
Wow,
I'm guessing this is how Chinese guys express their hospitality!
But then,
his friend interpreted telling him what he really said :
666136429.
I bet u will read again
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Re: Taste of Asia
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Still in a diplomatic mood, Trump is expected to be a congenial host during a visit by Japan Prime Minister Shinzo Abe and his wife Akie Abe, whose jet landed at Joint Base Andrews just outside the US capital, Washington. Harry J. Kazianis writes that both leaders have an agenda – Abe will be keen to lock in critical commitments in the flesh from Trump on two key threats Japan faces: China and North Korea, while the Donald will be keen to have some positive stories in the news cycle.
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Last but by no means least on diplomacy and relationships, or should it be hardware, the Philippines took delivery of a shipment of new counterinsurgency equipment from the United States – 400 grenade launchers, 85 sniper rifles and three unmanned aerial vehicles, writes Richard Javad Heydarian. The February 1 delivery aimed at tackling rebels in Mindanao is the latest indication that President Rodrigo Duterte aims to put relations back on track with the US under Trump.
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In a three-part series, Doug Tsuruoka investigates the challenges for the Trump administration in rebuilding crumbling infrastructure in the US. How will the president raise the money needed to fund the US$1 trillion plan, how railways are the biggest hurdle to his plan to renovate and modernise the country’s infrastructure and that he may need the cutting-edge technology of both Japan and China to bring American infrastructure into the 21st century.
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From foreign policy, we head back to China, where the central bank is getting ready to wield a big stick over Chinese bitcoin trading platforms, which run the risk of closure if they breach new controls on the virtual currency. As authorities step up efforts to curb the flow of money offshore, the People’s Bank of China (PBoC) inspection team unveiled a series of restrictions on the digital unit following a meeting on Wednesday with officials from nine Beijing-based bitcoin trading platforms.
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_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
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As Malaysian police detain more suspects for the assassination of North Korea’s genial former heir apparent, the murder is set to become a complex diplomatic issue for Kuala Lumpur, reports The Asia Times. While police are carrying on with a murder investigation by detaining a third person, the Malaysia deputy prime minister stressed that the bizarre killing will not affect ties between the two countries. This assurance came despite US and South Korean government sources saying they believed Pyongyang agents carried out the assassination.
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Michael Flynn’s resignation on Monday, for the world at large, is not about an obscure 19th century law that defines a phone conversation between the US National Security Advisor and the Russian ambassador. What it actually conveys, writes M.K. Bhadrakumar, is that the US is sliding into a vicious civil war.
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In Jakarta, the election for a new governor, so far clouded by allegations of blasphemy, phone tapping and even murder, will be decided after another round of voting on April 19. John McBeth reports that a quick count results, with nearly all the ballots counted, showed Purnama winning 43% of the vote, ahead of Baswaden who notched 39% and third-placed Agus Haritmurti Yudhoyono trailing with 17% after he faded badly in the final stretch. A candidate needed to receive 50% of the vote to win the race outright.
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Socrates
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Re: Taste of Asia
EU offers Vietnam a TPP alternative
ISIS in Libya: Today is the sixth anniversary of an uprising that was meant to usher in a new era of freedom for Libya yet the country has descended into uncontrollable chaos. Sami Moubayed reports that in the six years since Nato famously stepped in to protect civilians after a popular revolution toppled the regime of Gaddafi, shortages and hyperinflation are the norm and ISIS is thriving in the misery of a broken nation.
ISIS thriving in Libya 6 years after revolt
Samsung Group arrest: The vice-chairman of Samsung Electronics Co Ltd, Lee Jae-yong, has been arrested over his alleged role in a Samsung corruption scandal that led parliament to impeach South Korean President Park Geun-hye. Reuters reports that the 48-year-old was taken into custody at the Seoul Detention Centre late on Thursday evening, dealing a fresh blow to the world’s biggest maker of smartphones.
Samsung chief Jay Lee arrested in graft probe
Taiwan and Trump: The American President’s decision to question the “one China” policy and then back down has led several international commentators to say he lost his first fight with China’s communist leader. Xuan Loc Doan writes that Trump is now being referred to as “a paper tiger” – a term once used by Mao Zedong to describe America – and says his Taiwan about-face is likely to undermine his administration’s efforts to push Beijing to adopt policies that are more beneficial to US interests.
America’s new president lost his first fight with China’s communist leader
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Lego Fan Opens ‘Brick Burger’ Restaurant
Between the patties and the brick buns, guests can get toppings like mac and cheese, bacon bits, caramelized onions, and barbecue sauce. Here’s a peek at some of Brick Burger’s house specialties:
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Duterte's Fiercest Critic Has Been Arrested
The senator, Leila de Lima, has fiercely denied the allegations since Duterte first levied them in August, describing them in a statement Friday as "manufactured stories" intended to make an example of her and "to intimidate, silence, and destroy anyone who dares challenge" Duterte.
"My arrest is an appalling sign of the return of a power-hungry, morally bankrupt and abusive government," she said. " The Filipino people know your style, Mr. President. To put the rule of law in your hands, silence your critics, and destroy those who will go against your caprices."
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I am the wisest man alive, for I know one thing, and that is that I know nothing.
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Re: Taste of Asia
1 - Fall of Indian billionaire Vijay Mallya,
2 - North Korea tests missile to put US mainland in range,
3 - Is Asia ready for a more assertive Fed?,
4 - Abu Bakr dead?,
5 - LeEco faces more financial troubles.
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- jiggysaurusTop contributor
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Re: Taste of Asia
කිත්සිරි ද සිල්වා wrote:A senator in the Philippines who has led the political fight against President Rodrigo Duterte's war on drugs was arrested on Friday morning on charges that she herself benefitted the drug trade while serving as the country's Secretary of Justice.
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Should come to Begger Nation, defa could have a bright political future.
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Re: Taste of Asia
Mahathir eyes return?
Opposition divided as India votes for ‘untouchable’ President
Suu Kyi overbuilds her father’s golden legacy
Silk Route Trubles
Iranian genius who rejected hijab is mourned by Tehran
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Re: Taste of Asia
India searches for way out of border standoff with China
Could US reset sanctions on Myanmar
Trump puts pragmatism before ideology in Southeast Asia
North Korean ferry from Russia hits first customs snag
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Re: Taste of Asia
China withholding funds from Duterte
Is South Korea becoming a liability to the US?
India jumps in World Bank ranking
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