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Asia Unbound

CFR experts give their take on the cutting-edge issues emerging in Asia today.

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Showing posts for "India"

Friday Asia Update: Top Five Stories for the Week of August 28, 2015

by Guest Blogger for Elizabeth C. Economy
china-stock-plunge An investor looks at an electronic board showing stock information of Shanghai Stock Exchange Composite Index at a brokerage house in Beijing, August 26, 2015. Asian shares struggled on Wednesday as investors feared fresh rate cuts in China would not be enough to stabilize its slowing economy or halt a stock collapse that is wreaking havoc in global markets. (Jason Lee/Reuters)

Ashlyn Anderson, Rachel Brown, Lincoln Davidson, Lauren Dickey, Ayumi Teraoka, and Gabriel Walker look at the top stories in Asia this week.

1. China’s stock plunge. Chinese stocks plunged this week, with the Shanghai Composite Index falling 22 percent between August 19 and August 24. The market’s drop on what was deemed “Black Monday” erased the gains made over the past year. Until June, the Shanghai Composite Index had risen nearly 150 percent in one year and state media had assured that this was just the start of a bull market. The Chinese market’s tumble rattled stock markets around the world. Read more »

Economic Growth and India’s Global Rise

by Alyssa Ayres
Australia's batsman Aaron Finch plays a shot as India's captain and wicketkeeper MS Dhoni watches on during their Cricket World Cup semi-final match in Sydney, March 26, 2015 (David Gray/Reuters). Australia's batsman Aaron Finch plays a shot as India's captain and wicketkeeper MS Dhoni watches on during their Cricket World Cup semi-final match in Sydney, March 26, 2015 (David Gray/Reuters).

Indians just celebrated their sixty-eighth year of independence, but the mood has dampened since last August 15. Last year, the excitement of a newly-elected government, one with a single-party majority, created a sense of opportunity ahead for Prime Minister Narendra Modi and his soaring ambitions for the nation. This year’s speech, in contrast, more resembled the report cards of previous prime ministerial addresses, with an accounting for the nation of what the government had accomplished in its new agenda over the past year. On the heels of a parliamentary session in which opposition parties stymied the government’s reform agenda through ongoing disruptions—the upper house had a woeful 9 percent productivity rate—the overall mood has become one of right-sizing reform expectations due to the rough-and-tumble of Indian politics. Read more »

Friday Asia Update: Top Five Stories for the Week of July 31, 2015

by Guest Blogger for Elizabeth C. Economy
The Chinese People's Liberation Army (PLA) Navy guided missile destroyer Haikou (171) arrives at the Joint Base Pearl Harbor Hickam to participate in the multi-national military exercise RIMPAC 2014, in Honolulu, Hawaii, June 24, 2014. (Hugh Gentry/Reuters) The Chinese People's Liberation Army (PLA) Navy guided missile destroyer Haikou (171) arrives at the Joint Base Pearl Harbor Hickam to participate in the multi-national military exercise RIMPAC 2014, in Honolulu, Hawaii, June 24, 2014. (Hugh Gentry/Reuters)

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

1. China conducts live fire drills in the South China Sea. More than one hundred naval vessels, dozens of aircraft, and units from China’s information warfare forces and missile corps participated in the live fire exercises Tuesday, which one Australian expert called a “needlessly excessive show of force.” Read more »

Friday Asia Update: Top Five Stories for the Week of July 24, 2015

by Guest Blogger for Elizabeth C. Economy
Chinese nationals, believed to be involved in illegal logging, arrive at a court in Myitkyina, capital of Kachin State in the north of Myanmar, July 22, 2015. China has lodged a diplomatic protest with Myanmar after a court in the southeast Asian nation sentenced 153 Chinese nationals to life imprisonment for illegal logging. The Myitkyina court handed down sentences to 155 Chinese citizens on Wednesday. Two of those convicted escaped life sentences and got 10-year prison terms. All will have a chance to appeal against the rulings, said a court official, who declined to be identified as he was not authorized to speak to the media. Picture taken July 22, 2015. (Stringer/REUTERS) Chinese nationals, believed to be involved in illegal logging, arrive at a court in Myitkyina, capital of Kachin State in the north of Myanmar, July 22, 2015. (Stringer/Reuters)

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

1. Former Hu Jintao aide arrested on corruption charges. The Chinese Communist Party (CCP) Politburo announced on Monday that Ling Jihua, a former high-ranking official in the Hu administration, had been expelled from the party and placed under arrest. He awaits trial on charges of giving and receiving bribes, illegally obtaining state secrets, and violating party discipline rules. State media also noted that Ling “traded power for sex” and “should bear major responsibility for his family members” using his position to personally profit—although that hasn’t spared his relatives from also coming under investigation. Read more »

Friday Asia Update: Top Five Stories for the Week of July 17, 2015

by Guest Blogger for Elizabeth C. Economy
Police officers hold barricade tapes to form a cordon outside the parliament building expecting the arrival of crowds for a second day of protests against Japan's Prime Minister Shinzo Abe's security-related legislation in Tokyo on  July 16, 2015 (Thomas Peter/Courtesy: Reuters). Police officers hold barricade tapes to form a cordon outside the parliament building expecting the arrival of crowds for a second day of protests against Japan's Prime Minister Shinzo Abe's security-related legislation in Tokyo on July 16, 2015 (Thomas Peter/Courtesy: Reuters).

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

1. Rough week for human rights in China. Chinese police detained dozens of human rights lawyers this week on allegations that they were running a “criminal gang.” The “gang’s” offense? Creating “social chaos” by appealing to authorities and the public on behalf of their clients. The lawyers have been the subject of harsh criticism in state media; authorities have also rolled out the increasingly familiar tactic of televised confessions to publicly shame those arrested. Read more »

With Little Fanfare, India Makes Big Security Advances Toward the East

by Alyssa Ayres
U.S. Secretary of Defense Ash Carter (R) and Indian Minister of Defense Manohar Parrikar shake hands after the signing of agreements ceremony in New Delhi on June 3, 2015 (Adnan Abidi/Reuters). U.S. Secretary of Defense Ash Carter (R) and Indian Minister of Defense Manohar Parrikar shake hands after the signing of agreements ceremony in New Delhi on June 3, 2015 (Adnan Abidi/Reuters).

It’s been a stellar week for Indian security. First, U.S. Secretary of Defense Ashton Carter visited India, and formally renewed the bilateral framework for defense cooperation with his counterpart Minister of Defense Manohar Parrikar. This entire trip resulted in a brief, eight-point joint press release, which has garnered little attention, but cements forward progress in deepening security ties between New Delhi and Washington. But second, no less importantly, Prime Minister Modi set off for Dhaka on a visit slated to at last resolve one of the world’s most complex borders, and reset India’s ties with the world’s eighth-largest country. The two developments this week mark an intensification of India’s focus on its Asia-Pacific future, and U.S. support for an India with stronger links to its east. Read more »

Friday Asia Update: Top Five Stories for the Week of May 29, 2015

by Guest Blogger for Elizabeth C. Economy
Men sleep on a temporary shade built over a drain next to a slum on a hot summer day in New Delhi, India, May 28, 2015. A heat wave in India has killed at least 1,371 people this week as temperatures soar above 47 Celsius (116.6 Fahrenheit), and doctors' leave has been cancelled to help cope with the sick. (Reuters/Anindito Mukherjee) Men sleep on a temporary shade built over a drain next to a slum on a hot summer day in New Delhi, India, May 28, 2015. A heat wave in India has killed at least 1,371 people this week as temperatures soar above 47 Celsius (116.6 Fahrenheit), and doctors' leave has been cancelled to help cope with the sick. (Reuters/Anindito Mukherjee)

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

1. Death toll in India’s heat wave nears two thousand. Hospitals across India are struggling to meet the needs of victims of the most severe heatwave the country has seen in twenty years. With temperatures hovering above 110 degrees Fahrenheit for over a week, Indian citizens are anxiously waiting for monsoon rains to cool the smoldering air. Pictures of melting roads with swirled and distorted road markings illustrate the shocking intensity of the heat. Day workers, the homeless, and elderly people face severe danger, unable to take a day off from work or to find adequate shelter. Although heatwaves are not uncommon in India, climate change has led to more frequent and intense heatwaves in recent years. India’s Meteorological Department recorded temperatures just five degrees short of the nation’s record. Read more »

Modi, Turnaround Artist: U.S.-India Ties Revived After Slump

by Alyssa Ayres
U.S. President Barack Obama and India's Prime Minister Narendra Modi (R) wave during a photo opportunity ahead of their meeting at Hyderabad House in New Delhi January 25, 2015 (Adnan Abidi/Courtesy: Reuters). U.S. President Barack Obama and India's Prime Minister Narendra Modi (R) wave during a photo opportunity ahead of their meeting at Hyderabad House in New Delhi January 25, 2015 (Adnan Abidi/Courtesy: Reuters).

May 26 marks the completion of Indian Prime Minister Narendra Modi’s first full year in office. Indian and international media have used the anniversary to take stock. In India, Modi has generally gotten high marks for foreign policy but some notches below that for slower than expected economic reform. The Economist devoted its cover this week to Modi (“India’s One-Man Band”) and urged more dramatic action to transform India lest the window of opportunity close. Read more »

Friday Asia Update: Top Five Stories for the Week of May 8, 2015

by Guest Blogger for Elizabeth C. Economy
Security forces and rescue workers inspect an abandoned camp at a rubber plantation near a mountain in Thailand's southern Songkhla province on May 7, 2015 (Surapan Boonthanom/Courtesy: Reuters). Security forces and rescue workers inspect an abandoned camp at a rubber plantation near a mountain in Thailand's southern Songkhla province on May 7, 2015 (Surapan Boonthanom/Courtesy: Reuters).

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

1. Mass graves of human trafficking camp unearthed in Thailand. Police exhumed twenty-six bodies at a mass grave located in the jungles of Songkhla province this week. Most of the migrants once held at the now abandoned site were Rohingya Muslim refugees from western Myanmar and Bangladesh. According to reports, this camp was made up of “bamboo cages, watchtowers and what Thai police described as a torture room.” Even as the grave was discovered, more than fifty Thai police officers were punished over suspected links to human trafficking networks. The mass grave was hardly the first indicator that Thailand has a booming human trafficking business and it remains to be seen if the Thai government can successfully undertake steps necessary to combat human trafficking. Read more »

Friday Asia Update: Top Five Stories for the Week of April 24, 2015

by Guest Blogger for Elizabeth C. Economy
Indonesia's President Joko Widodo (R) greets China's President Xi Jinping during the arrival for the opening ceremony of the Asian African Conference in Jakarta, Indonesia, 22 April 2015. The 60th Asian-African Conference is held in Jakarta and Bandung from 19 to 24 April 2015. REUTERS/Mast Irham/POOL Indonesia's President Joko Widodo (R) greets China's President Xi Jinping during the arrival for the opening ceremony of the Asian African Conference in Jakarta, Indonesia, on April 22, 2015 (Mast Irham/Courtesy Reuters).

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

1. Xi Jinping visits Indonesia and Pakistan. Chinese President Xi Jinping visited Pakistan and Indonesia this week. In Pakistan, he signed agreements worth more than $28 billion as part of the new “Silk Road,” an ambitious land and maritime economic corridor connecting China to Europe and the Middle East. Pakistan will invest part of the money in infrastructure proejcts, including a deepwater port at Gwadar and railroads from Baluchistan into western China. In Indonesia, Xi attended the Asian-African Conference. Xi Jinping and  Indonesian President Joko “Jokowi” Widodo held bilateral talks on the sidelines of the conference to discuss investments in Indonesian development. This pledge came on the heels of Jokowi’s announcement that Indonesia plans to join the China-led Asian Infrastructure Bank. At the conference, Xi spoke about the importance of developed countries investing in the developing world “with no political strings attached,” while Jokowi, in his keynote address, called for a new world order not dominated by Western-controlled financial institutions. Xi also met with Japanese Prime Minister Shinzo Abe, despite a speech by Abe in which he warned against powerful nations imposing on the weak. Read more »