Sharone Tobias and Will Piekos look at the top five stories in Asia this week.
1. Julia Gillard is ousted as Australia’s prime minister, replaced by Kevin Rudd. Australia’s first female prime minister was ousted by the Labor Party on Thursday over fears that the party would lose September’s election with her at the helm. She was replaced by Kevin Rudd, who previously served as prime minister until a 2010 party coup. Chief among the Labor Party’s concerns is Australia’s faltering economy and slowing mining boom. Rudd, a fluent Mandarin speaker, also urged China to finalize a free trade agreement with Australia. Chinese farmers are worried that their businesses could be hurt by the free trade agreement because of the size of Australia’s agricultural output. Read more »