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The AIIB Debacle: What Washington Should Do Now

by Elizabeth C. Economy
China's Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank at the Great Hall of the People in Beijing October 24, 2014. REUTERS/Takaki Yajima/Pool (CHINA - Tags: BUSINESS) China's Finance Minister Lou Jiwei (L) gives a speech with the guests of the signing ceremony of the Asian Infrastructure Investment Bank at the Great Hall of the People in Beijing on October 24, 2014 (Takaki Yajima/Courtesy of Reuters).

It is time for Washington to take a step back and regroup. Its Asian Infrastructure Investment Bank (AIIB) strategy, ill-considered from the get-go, has now taken a major hit with the announcement this past week by the United Kingdom that it plans to join the Chinese-led AIIB. Washington’s concerns over the AIIB are well-established: the competition the AIIB poses to pre-existing development institutions such as the World Bank and Asian Development Bank; concern over the potential for weak environmental standards and social safeguards within the AIIB; and the opportunity for China to use AIIB-financed infrastructure for greater leverage in the region. Read more »

Friday Asia Update: Top Five Stories for the Week of March 13, 2015

by Guest Blogger for Elizabeth C. Economy
India's Prime Minister Narendra Modi (L) talks to Sri Lanka's President Maithripala Sirisena at the Presidential Secretariat in Colombo March 13, 2015. REUTERS/Dinuka Liyanawatte India's Prime Minister Narendra Modi (L) talks to Sri Lanka's President Maithripala Sirisena at the Presidential Secretariat in Colombo on March 13, 2015 (Dinuka Liyanawatte/Courtesy of Reuters).

Ashlyn Anderson, Lauren Dickey, Darcie Draudt, William Piekos, and Ariella Rotenberg look at the top stories in Asia today.

1. U.S. rebukes UK for joining Asian Infrastructure Investment Bank. The UK announced that it would become a founding member of the China-led Asia Infrastructure Investment Bank (AIIB), despite the urging of the United States. Washington has openly lobbied against the AIIB, influencing South Korea and Australia to eschew membership, but Britain’s decision opens the door for other Western countries to reconsider. Read more »

Artemisinin’s Rocky Road to Globalization: Part III

by Yanzhong Huang
A Ministry of Public Health official holds blood test slides taken from children, who live in the Thai-Myanmar border, at a malaria clinic in the Sai Yoke district, Kanchanaburi Province October 26, 2012. Globally, 3.3 billion people are at risk of malaria infection. While Africa has the highest malaria burden, most the 46,000 deaths outside Africa occurred in Asia Pacific. There are also concerns over a growing parasite resistance. Studies and research show artemisinin-based therapies - currently the most effective treatment against malaria - are taking longer to cure some of the patients. (Sukree Sukplang/Courtesy: Reuters) A Ministry of Public Health official holds blood test slides taken from children, who live in the Thai-Myanmar border, at a malaria clinic in the Sai Yoke district, Kanchanaburi Province October 26, 2012. Globally, 3.3 billion people are at risk of malaria infection. While Africa has the highest malaria burden, most the 46,000 deaths outside Africa occurred in Asia Pacific. There are also concerns over a growing parasite resistance. Studies and research show artemisinin-based therapies - currently the most effective treatment against malaria - are taking longer to cure some of the patients. (Sukree Sukplang/Courtesy: Reuters)

In the previous blog post, I discussed how China’s efforts to promote its artemisinin-based drugs in the global market have ended up placing their pharmaceutical firms at the lower end of the supply chain. Not all Chinese pharmaceutical companies were content with this arrangement. In 1994, Beijing Holley-Cotec became the first Chinese manufacturer to export dihydroartemisinin (“Cotecxin”), one of the artemisinin derivatives that the company developed with an original Chinese brand. Read more »

Artemisinin’s Rocky Road to Globalization: Part II

by Yanzhong Huang
A health worker checks a blood sample for malaria in the only hospital in Pailin in western Cambodia January 28, 2010. Bordering with Thailand, this former Khmer Rouge stronghold and dusty gem mining town is now better known for a malarial parasite that is worrying health experts in the region. Studies and research show artemisinin-based therapies - currently the most effective treatment against malaria - are taking longer to cure some of the patients. (Damir Sagolj/ Courtesy: Reuters) A health worker checks a blood sample for malaria in the only hospital in Pailin in western Cambodia January 28, 2010. Bordering with Thailand, this former Khmer Rouge stronghold and dusty gem mining town is now better known for a malarial parasite that is worrying health experts in the region. Studies and research show artemisinin-based therapies - currently the most effective treatment against malaria - are taking longer to cure some of the patients. (Damir Sagolj/ Courtesy: Reuters)

In my previous blog post, I described how artemisinin-based drugs were discovered in China in the 1970s and 1980s. Given their potency for the treatment of malaria, one would expect that Chinese made artemisinin-based drugs quickly became the first choice medicine in the global fight against malaria. Much to the chagrin of Chinese scientists and pharmaceutical companies, the World Health Organization (WHO) did not list a single one of China’s antimalarial drugs on its procurement list until 2007.

Read more »

Friday Asia Update: Top Five Stories for the Week of March 6, 2015

by Guest Blogger for Elizabeth C. Economy
A policeman stands guard in front of the U.S. embassy in central Seoul after Ambassador Mark Lippert was slashed in the face by a Korean nationalist on March 4, 2015 (Kim Hong-Ji/Courtesy: Reuters). A policeman stands guard in front of the U.S. embassy in central Seoul after Ambassador Mark Lippert was slashed in the face by a Korean nationalist on March 4, 2015 (Kim Hong-Ji/Courtesy: Reuters).

Ashlyn Anderson, Lauren Dickey, Darcie Draudt, William Piekos, and Ariella Rotenberg look at the top stories in Asia today.

1. U.S. Ambassador to South Korea attacked in Seoul. A South Korean man identified as Kim Ki-jong, a fifty-five-year-old South Korean with a record of violent activism, slashed U.S. Ambassador Mark Lippert with a knife across the face and hand on Thursday morning local time. Lippert received eighty stitches on his face, from chin to cheek and is reported to be in good condition as of Friday. The assailant told reporters he attacked the ambassador to protest regular U.S.-ROK joint military exercises. U.S. diplomats have varied levels of security details, and though Seoul is considered a “low-threat” post, a security team was accompanying Lippert at the time of the attack. Lippert, who took up his post in Seoul in October 2014, has taken a proactively friendly approach toward his post, taking his dog Grigsby on regular walks in the city, maintaining an active Twitter account, and giving his son, born in Seoul in January 2015, a Korean middle name. Read more »

A Chinese Environmental Call to Arms Goes Viral and Then Not

by Elizabeth C. Economy
Chai Jing is seen presenting in her documentary "Under the Dome" (Courtesy Youtube). Chai Jing is seen presenting in her documentary "Under the Dome" (Courtesy Youtube).

In late February, former CCTV reporter Chai Jing released a gripping video, called Under the Dome, on the sources and devastating impact of pollution in China on the environment and the health of the people. The video mixes hard facts, personal emotional appeals, and interviews with local officials to present a shocking portrait of the decades of environmental abuse that the Chinese people have suffered. Chai presents her talk TED Talk-style—strolling back and forth across the stage in front of a large, clearly captivated audience of Chinese young people. Read more »

Friday Asia Update: Top Five Stories for the Week of February 27, 2015

by Guest Blogger for Elizabeth C. Economy
Supporters hold signs of Indonesian domestic helper Erwiana Sulistyaningsih, during a protest calling for better protection of migrant workers, outside the district court in Hong Kong February 27, 2015. Former beautician Law Wan-tung, 44, a mother of two, was found guilty of 18 of 20 charges including grievous bodily harm and violence against Sulistyaningsih and two other maids, also from Indonesia. She is due to be sentenced on Friday. REUTERS/Tyrone Siu (CHINA - Tags: CRIME LAW BUSINESS EMPLOYMENT CIVIL UNREST) Supporters hold signs of Indonesian domestic helper Erwiana Sulistyaningsih, during a protest calling for better protection of migrant workers, outside the district court in Hong Kong February 27, 2015 (Tyrone Siu/Courtesy of Reuters).

Ashlyn Anderson, Lauren Dickey, Darcie Draudt, William Piekos, and Ariella Rotenberg look at the top stories in Asia today.

1. Australian prime minister announces new strategy to confront terrorism threat. Following the release of an official report on the terrorist attack in Sydney in December, Prime Minister Tony Abbott delivered an address at the Australian Federal Police headquarters announcing a new national counterterrorism strategy. Read more »

Artemisinin’s Rocky Road to Globalization: Part I

by Yanzhong Huang
A Thai Public Heath Ministry official places a thermometer into a child's mouth at a malaria clinic in Sai Yoke district, Kanchanaburi Province October 26,2012. The child, who lives on the Thai-Myanmar border, came to the clinic to get tested for malaria. Globally, 3.3 billion people are at risk of malaria infection. While Africa has the highest malaria burden, most the 46,000 deaths outside Africa occurred in Asia Pacific. There are also concerns over a growing parasite resistance. Studies and research show artemisinin-based therapies - currently the most effective treatment against malaria - are taking longer to cure some of the patients. REUTERS/Sukree Sukplang (THAILAND - Tags: POLITICS HEALTH) A Thai Public Heath Ministry official places a thermometer into a child's mouth at a malaria clinic in Sai Yoke district, Kanchanaburi Province, on October 26, 2012 (Sukree Sukplang/Courtesy of Reuters).

Artemisinin, or Qinghaosu, is isolated from Artemisia annua L., a plant native to China but now naturalized in many other countries. Today, the artemisinin group of drugs is considered the most efficacious and fast-acting antimalarial known to the humankind. In 2011, Dr. Tu Youyou, a Chinese medical scientist, won the Lasker Award in Clinical Medicine—one of the most respected science prizes in the world—for discovering the antimalarial treatment that has saved millions of lives worldwide, especially in the developing countries. Read more »

Wendy Leutert: Chinese State-Owned Companies Under Scrutiny

by Guest Blogger for Elizabeth C. Economy
China's Vice Premier Wang Qishan speaks at a dinner after the first meeting of the US-China Strategic and Economic Dialogue in Washington, July 28, 2009. REUTERS/Yuri Gripas (UNITED STATES POLITICS BUSINESS) Wang Qishan, now China's top graft buster, speaks at a dinner after the first meeting of the U.S.-China Strategic and Economic Dialogue in Washington on July 28, 2009 (Yuri Gripas /Courtesy of Reuters).

Wendy Leutert is a visiting researcher at the Brookings Institution’s John L. Thornton China Center and a PhD candidate in government at Cornell University. She worked for International Crisis Group in Beijing and holds an MA in government from Cornell and an MA in international relations from Tsinghua University.

Earlier this month, China’s anti-corruption watchdog—the Central Commission for Disciplinary Inspection—announced the next targets in President Xi Jinping’s intensifying graft campaign. Unlike 2014, when military and Communist Party organs were front and center in Xi’s line of fire, this year Beijing is taking aim at the top fifty-three state-owned companies and their Party-appointed executives. Read more »

Friday Asia Update: Top Five Stories for the Week of February 20, 2015

by Guest Blogger for Elizabeth C. Economy
Lion dancers perform for the opening of the Temple Fair, as part of Chinese New Year celebrations, at Ditan Park, also known as the Temple of Earth, in Beijing, February 18, 2015. The Chinese Lunar New Year on Feb. 19 will welcome the Year of the Sheep (also known as the Year of the Goat or Ram). REUTERS/Kim Kyung-Hoon (CHINA - Tags: SOCIETY) Lion dancers perform for the opening of the Temple Fair, as part of Chinese New Year celebrations, at Ditan Park, also known as the Temple of Earth, in Beijing on February 18, 2015 (Kim Kyung-Hoon/Courtesy of Reuters).

Ashlyn Anderson, Lauren Dickey, Darcie Draudt, William Piekos, Ariella Rotenberg, and Sharone Tobias look at the top stories in Asia today.

1. Myanmar declares martial law in Kokang. President Thein Sein announced a state of emergency and three months of martial law in the Kokang Self-Administered Zone, on the border with China, after a series of clashes between the Myanmar army and armed Kokang rebels. Under martial law, administrative and judicial power has been granted to the army’s commander in chief; the imposition of martial law is aimed at securing a ceasefire and political dialogue well in advance of general elections later this year. The conflict is a setback for Myanmar’s semi-civilian government, which took power in 2011 after nearly fifty years of military rule. Myanmar is turning to neighboring China for help even as tens of thousands of refugees are fleeing into Yunnan province from Kokang. Read more »