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    Visiting Yasukuni War Memorial Stirs Controversy in Asia–Pacific

    August 15 marks the 68th anniversary of Japan’s surrender in World War II. It is also a day when some Japanese politicians pay respect to those who have died fighting in the service of Japan and whose souls they believe are housed at Yasukuni Shrine (literally translated “Shrine of a … More

    As Commodities Prices Fall, Economic Freedom Should Rise

    New reports are hinting that an end to the decade-long run-up of the prices of commodities prices is here. For years, emerging markets such as China rapidly sucked up natural resources to fuel their hasty economic expansions, inflating the cost of commodities such as coal, iron, and oil. Meanwhile, resource-endowed … More

    China Maritime Challenge Not Going Away

      Chinese news reports today indicate that Chinese Communist Party (CCP) General Secretary Xi Jinping (who is also the president of China), at a study session of the CCP Politburo (the Party’s top leadership), emphasized the importance of maritime power. This is not a newfound interest but instead reflects a … More

    Hacker Ring Taken Down

    Last week, prosecutors announced charges against four Russians and one Ukrainian for what is being called the largest-known hacking and data theft operation to be prosecuted in the U.S. The hackers are accused of several high-profile hacks over the past six years that netted them over 160 million credit and … More

    Dealing the Right Cards in Japan's Upper-House Shuffle

    On Sunday, Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) took majority power in Japan’s upper house, giving his party majority control over both upper and lower houses. This presents an opportunity for the LDP to make the difficult changes necessary to turn its economy around and make it a … More

    Enhanced Military Cooperation: U.S. and Philippines Should Seize the Day

    According to press reports, the U.S. and the Philippines have floated the possibility of building joint storage facilities for U.S. humanitarian and disaster relief equipment on Filipino territory. Military cooperation between the two nations is already strong, but greater U.S. presence in the region would help the Philippines counter an … More

    Confronting Chinese Cyber Espionage

    The U.S. and China opened high-level security and economic discussions last week in Washington, and critical cybersecurity concerns are on the agenda. The Administration’s diplomatic efforts on cybersecurity, however, have so far failed to deter aggressive Chinese cyber attacks against the U.S. public and private sectors. Over the past year, … More

    Reduced Nuclear Arms: Slimmer, but Not Smarter

    Would reducing U.S. nuclear arms save taxpayers money? Former Pentagon policy official David J. Trachtenberg responded to Stimson Center co-founder Barry Blechman’s piece arguing that it would. Trachtenberg points out that the money saved by reducing the nuclear stockpile is “negligible compared to the costs of building up [the] conventional … More

    China GDP Claims Don’t Matter

    China’s State Statistical Bureau (SSB) announced second-quarter real gross domestic product (GDP) growth at 7.5 percent and first-half real GDP at 7.6 percent. High or low, whether it meets the official target or not, no one should care. GDP is a poor indicator of economic health—anywhere. It is especially poor … More

    An Investment Treaty with China: Don’t Hold Your Breath

    The U.S. and China yesterday announced that they are restarting talks on a bilateral investment treaty (BIT). Given China’s track record, it’s not clear that a BIT is a useful step now or in the near future. It may be a good thing, then, that one is not likely to … More