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Trans-Pacific Strategic Economic Partnership

This tag is associated with 14 posts

Cadence of Conflict: Asia, February 22, 2016


China is deploying weapons. The US is responding with pressure—mostly economic, some political, always involving alliances. Money and trade are atop the list. China’s unusual manipulation of its money is documented and under more scrutiny than ever. According to Chinese State-run media, China has weapons on disputed islands by right. According to the government, US … Continue reading

The currency dictatorship and China’s action plan


The last time a country decided to dump the dollar in the oil business, the US destroyed it. Now India, the world’s third largest economy, and Iran have agreed to settle their outstanding oil dues in rupees. What’s more, the two countries may conduct all future trade in their national currencies. This follows an agreement … Continue reading

China says it should join TPP, even though it wasn’t invited


China should join at an appropriate time the U.S.-backed regional trade accord the Trans-Pacific Partnership (TPP) as its broad aims are in line with China’s own economic reform agenda, an influential Communist Party newspaper said on Sunday. China is not among the 12 Pacific Rim countries who earlier this month agreed the trade pact, the … Continue reading

Cadence of Conflict: Asia, June 29, 2015


China’s economy is tanking if you look at sales reports, or, no, wait, it’s going up if you ask the Chinese. China is also losing the in the battle for Vietnam’s alliance: Moscow is now buddy-buddy with Hanoi. Taiwan’s internal politics are all over the map with a presidential election schedule running near-parallel to the … Continue reading

US “grand strategy” for war against China


The advanced stage of discussions in US foreign policy circles over the pursuit of an ever-more aggressive policy toward China has been revealed by the recent release of a chilling report under the auspices of the influential Council on Foreign Relations. Entitled “Revising US Grand Strategy Toward China,” the report is nothing less than an … Continue reading

Australia and China sign landmark free trade deal


China and Australia on Monday sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world’s second largest economy and one of Washington‘s closest allies in Asia. The deal, which Australia called the best ever between Beijing and a Western country, will open up Chinese markets to … Continue reading

Massive spending won’t make China’s Asia dream come true; money can’t buy respect


After two years of waxing poetic at home about a “China Dream,” Xi Jinping wants to enchant the entire Asia region—and is dangling $1.25 trillion to make sure he does. “China’s development will bring huge opportunities and benefits to the Asia-Pacific and the world, President Xi told business leaders in Beijing on Sunday. “We are … Continue reading

Prelude to Conflict: Asia, November 10


After political defeat in the US, Obama looks to China. Taiwan’s Ma gets snubbed by China in the shadow of APEC. Hong Kong’s Umbrella Movement inches toward the discovery that they weren’t shaping Beijing policy as much as they have already helped shape the world’s policy toward Beijing – a lesson Beijing still hasn’t caught … Continue reading

U.S. offers to help South East Asia patrol South China Sea; most to Vietnam


The United States on Monday offered $32.5 million in assistance to Southeast Asian nations, more than half to Vietnam, to boost maritime security, which comes as tension grows with China over rival claims in the South China Sea. On his first visit to Vietnam as secretary of state, John Kerry denied that the assistance had … Continue reading

China benefits from Obama’s missed trip, U.S. credibility suffers


President Barack Obama said on Tuesday that China had probably taken advantage of his absence from a summit in Asia this week and he warned that the government shutdown and fiscal debate were hurting U.S. credibility abroad. Obama last week cancelled a trip to Indonesia and Brunei, opting to stay home and manage the U.S. … Continue reading

China and regional economic partnership


In November talks kicked off for the Regional Comprehensive Economic Partnership Program, a free-trade agreement of Asean plus China, Japan, South Korea, India, Australia and New Zealand. The agreement was formally endorsed at the Asean Summit in Phnom Penh by all countries involved. If implemented it would be the biggest free trade zone and integrated … Continue reading

Obama eyes $108 billion annual Asia prize vying with China trade


More than a century and a half after Millard Fillmore dispatched an emissary to Asia to transform commerce across the Pacific, a U.S. president again sees an historic opportunity to strengthen America’s role in the region. Barack Obama sent his secretary of state, Hillary Clinton, to Asia for a record 86 days in his first term, including — … Continue reading

New Japanese PM promotes expanding ties with Australia and India to counter China


Japanese Prime Minister Shinzo Abe aims to promote security cooperation with Australia and India, based on the strength of the Japan-US alliance, in a bid to counter China‘s efforts to extend its influence. Abe also believes strengthening ties with Russia and other Asian nations will help rebuild relations with China. “The Japan-US alliance is the … Continue reading

China strives to set up Asian trade bloc to counter US move


China will later this month enter talks to create an Asian free-trade bloc covering 28 percent of world GDP, a reaction to U.S. progress in forming a Trans-Pacific Partnership that excludes China, South Korean Trade Minister Taeho Bark said on Monday. The RCEP, or Regional Comprehensive Economic Partnership, will be comprised of the 10-nation ASEAN … Continue reading

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