China (GDP: $5.9 trillion) overtook Japan ($5.5 trillion) as Asia’s largest economy in 2010. Despite its rapid growth and much larger population, however, China’s economy still remains less than half the size of the U.S. ($14.6 trillion). Recent reports indicate that China’s economy has been showing signs of slowing, further …
Japan is a bigger direct investor in the U.S. economy than China—by almost 100 times. In 2010, Japanese investment in the U.S. totaled $257.3 billion—second only to investment from the U.K.—while Chinese investments totaled $3.2 billion. Asia is home to more than half the world’s population. Freedom and tyranny live …
An ongoing sale of communications satellites to a Hong Kong–based company is attracting a great deal of attention at the moment. Space Systems/Loral, a major U.S. satellite manufacturer, contracted in 2011 to manufacture two communications satellites, AsiaSat-6 and AsiaSat-8, for Asia Satellite Telecommunications (AsiaSat). The contract was initialed soon after …
Three days after Secretary of State Hillary Clinton and Sri Lankan Foreign Minister G.L. Peiris met in Washington, D.C., to discuss Sri Lanka’s human rights record, former Sri Lankan Army General Sarath Fonseka was released from prison. Fonseka is viewed as a war hero by the Sinhalese majority for his …
Activist Chen Guangcheng and his immediate family are out of China. This is a good thing, and the Obama Administration deserves credit for making it happen. There will be plenty of opportunity for the American political system to assess the Administration’s initial handling of the matter and what it says about its …
Russian President Vladimir Putin has cited the need to complete the formation of new cabinet ministers to excuse himself from attending the G-8 summit at Camp David. In an apparent retaliation, the White House announced that President Obama will not participate in the Asia Pacific Economic Cooperation summit, scheduled to …
China has the world’s second-largest GDP, the world’s largest monetary base, and the world’s largest foreign exchange reserves. Its large internal and external economic imbalances can matter a great deal to the global economy. There are claims China is now rebalancing. It isn’t. Claims of rebalancing are based on the …
Human rights activists Bob Fu and Reggie Littlejohn will discuss recent developments in the Chen Guangcheng case at a press conference today at The Heritage Foundation. They do so at the height of tension over the case of Chinese dissident Chen Gaungcheng, who, after leaving the safety of the U.S. …
The United States and Japan released a revised deployment plan for U.S. Marine Corps forces in the Pacific. It is an improvement over the 2006 Guam Agreement, but it still sacrifices alliance military capabilities for political expediency. The new plan is more flexible and operationally focused, since it maintains Marine …
