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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 "Pakistan"

Friday Asia Update: Top Five Stories for the Week of July 10, 2015

by Guest Blogger for Elizabeth C. Economy
An investor looks at information displayed on an electronic screen at a brokerage house in Shanghai, China, June 30, 2015. China stocks ended Tuesday sharply higher, reversing a tumble in morning trade, as a slew of government measures to stem a two-week-long market tumble appeared to win back some investor confidence (Aly Song/Reuters). An investor looks at information displayed on an electronic screen at a brokerage house in Shanghai, China, June 30, 2015. China stocks ended Tuesday sharply higher, reversing a tumble in morning trade, as a slew of government measures to stem a two-week-long market tumble appeared to win back some investor confidence (Aly Song/Reuters).

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

1. Chinese government steps in to stop stock market slide. Authorities, who have spent the first half of the year crowing about high growth rates, launched a number of emergency measures aimed at slowing the market tumble. The People’s Bank of China announced this week that it would be helping the country’s margin trading service provider stabilize the market by buying more shares of small and medium enterprises. State-owned enterprises were ordered to not sell any of their stock, and corporate shareholders with stakes of more than 5 percent were banned from selling for six months. Read more »

Friday Asia Update: Top Five Stories for the Week of June 26, 2015

by Guest Blogger for Elizabeth C. Economy
U.S. Treasury Secretary Jack Lew (L-R), Secretary of State John Kerry, China's State Councillor Yang Jiechi and Vice Premier Wang Yang arrive to deliver joint statements at the Great Hall of the People in Beijing July 10, 2014. The leaders were concluding the sixth round of U.S.-China Strategic and Economic Dialogue. REUTERS/Jim Bourg (CHINA - Tags: POLITICS) U.S. Treasury Secretary Jack Lew (L-R), Secretary of State John Kerry, China's State Councillor Yang Jiechi and Vice Premier Wang Yang arrive to deliver joint statements at the Great Hall of the People in Beijing July 10, 2014 (Jim Bourg/Reuters).

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

1. U.S. and China meet in Washington, DC, for annual Strategic and Economic Dialogue (S&ED). The talks, coming at a time of high tension between the two countries, managed to steer clear of acrimonious charges. The U.S. State Department highlighted 127 issues the two sides agreed upon at the S&ED, but agreements on China’s actions in the South China Sea and conflicting accusations of harmful activity in cyberspace were conspicuously absent. While both sides vowed to continue discussing a potential bilateral investment treaty, little was achieved on the economic side beyond platitudes about the importance of the US$590 billion of annual trade between the two countries. Read more »

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

by Guest Blogger for Elizabeth C. Economy
U.S. Assistant Secretary of State for East Asian and Pacific Affairs Daniel Russel talks with South Korea's first Vice Foreign Minister Cho Tae-Yong (R) during their meeting at the Foreign Ministry in Seoul on March 17, 2015 (Courtesy: Reuters). U.S. Assistant Secretary of State for East Asian and Pacific Affairs Daniel Russel talks with South Korea's first Vice Foreign Minister Cho Tae-Yong (R) during their meeting at the Foreign Ministry in Seoul on March 17, 2015 (Courtesy: Reuters).

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

1. South Korea warns China against interfering amid missile defense debate. On Tuesday a South Korean Ministry of Defense spokesperson asked Beijing to not interfere in its defense policy, an unusual request with an increasingly close regional partner. Washington has been asking Seoul to deploy a ballistic missile defense system, Terminal High-Altitude Area Defense (THAAD), to South Korea. Read more »

The Top Ten Stories in South Asia, 2014

by Alyssa Ayres
Photo credit: Alyssa Ayres Photo credit: Alyssa Ayres

It was a busy news year in South Asia, with events that will have far-reaching consequences for the region. Between India’s historic election, a hard-won unity government in Afghanistan, and ongoing political turmoil in Pakistan combined with shocking terrorist attacks, South Asia made the front pages around the world for many different reasons. Like last year, I’ve tried to sift through the year’s developments and assess which will have lasting effects on the countries in the region and beyond. Herewith my personal selection of 2014’s most consequential stories in South Asia: Read more »

Friday Asia Update: Top Five Stories for the Week of December 19, 2014

by Guest Blogger for Elizabeth C. Economy
A child stands behind candles, lit for the victims of the attack by Taliban gunmen on the Army Public School in Peshawar on December 19, 2014 (Ahktar Soomro/Courtesy: Reuters). A child stands behind candles, lit for the victims of the attack by Taliban gunmen on the Army Public School in Peshawar on December 19, 2014 (Ahktar Soomro/Courtesy: Reuters).

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

1. Pakistan engulfed in anger and grief after the Taliban kills 132 schoolchildren and sixteen teachers. Members of the Pakistani Taliban attacked a military school in Peshawar, killing 132 schoolchildren and 16 teachers, many of them shot at point-blank range and some burned alive. The Taliban claimed that the attack was to avenge Pakistani military operations in the northwest Taliban haven of North Waziristan. Read more »

Bangladesh: Capitalist Haven

by Alyssa Ayres
Dhaka, April 2014. Photo by Sharada Prasad CS licensed under CC BY 2.0 / Cropped from original. Dhaka, April 2014. Photo by Sharada Prasad CS licensed under CC BY 2.0 / Cropped from original.

Earlier this month, the Pew Research Center released the second of two major reports detailing findings from a global public opinion survey on economic issues conducted last spring in forty-four countries. Read together, the two reports reveal something you might not have guessed: Bangladesh is among the countries most supportive of the free market, and certainly the most free-market, trade-oriented country surveyed in South Asia. At least as far as public opinion is concerned, the People’s Republic of Bangladesh is a capitalist haven. Read more »

South Asia’s Peace Heroes

by Alyssa Ayres
Combination picture of this year's Nobel Peace Prize winners, Indian children's right activist, Kailash Satyarthi, (L) at his office in New Delhi on October 10, 2014, and Pakistani schoolgirl activist, Malala Yousafzai, at the United Nations in the Manhattan borough of New York in a file picture taken on August 18, 2014 (Courtesy: Reuters). Combination picture of this year's Nobel Peace Prize winners, Indian children's right activist, Kailash Satyarthi, (L) at his office in New Delhi on October 10, 2014, and Pakistani schoolgirl activist, Malala Yousafzai, at the United Nations in the Manhattan borough of New York in a file picture taken on August 18, 2014 (Courtesy: Reuters).

What a day for South Asia. The Norwegian Nobel Committee has awarded this year’s Peace Prize to Pakistan’s Malala Yousufzai and India’s Kailash Satyarthi, both passionate advocates for children’s rights. The Nobel Committee’s decisions highlight a focus on the role of social advocacy and social impact on poverty, children’s education, and empowerment of women and girls in South Asia. Malala Yousufzai is recognized around the world for standing up to the Taliban, who shot her in the face for her outspoken support of girls’ education; Kailash Satyarthi is known in India for his decades-long dedication to ending child labor. Read more »

Protests Threaten Democracy in Asia, in a Bizarre Reversal of Democratic Norms

by Joshua Kurlantzick
islamabad protest A supporter of the chairman of the Pakistan Tehreek-e-Insaf (PTI) political party, Imran Khan, gestures while chanting with others during what has been dubbed a "freedom march" in Islamabad on September 13, 2014. Pakistan's opposition leaders ordered thousands of their supporters on Saturday to resist any government attempt to quash their protests against Prime Minister Nawaz Sharif, deepening a political crisis in the coup-prone nation (Faisal Mahmood/Courtesy: Reuters).

Although I am not CFR’s South Asia expert, the past month of protests in Pakistani by Pakistani politician Imran Khan, who has been camped out close to parliament along with his supporters, brings to mind many other similar protests that have happened in Asia in the past ten years—in Thailand, Indonesia, the Philippines, and other countries. What is notable about these new types of street protests, which Khan’s demonstrations fall into, is that unlike decades of protests that called for various reforms to political systems, these protests actually in many ways are designed to subvert and possibly overthrow democracy. Indeed, the region, and some other developing nations like Egypt, has witnessed the rise of anti-democratic protests. Read more »

Markey: Afghanistan Anxieties Reign in India and China

by Guest blogger for Alyssa Ayres
Afghans work at a new parliament building constructed by an Indian project in Kabul on November 26, 2013 (Mohammad Ismail/Courtesy: Reuters). Afghans work at a new parliament building constructed by an Indian project in Kabul on November 26, 2013 (Mohammad Ismail/Courtesy: Reuters).

Daniel Markey is a senior fellow for India, Pakistan, and South Asia at the Council on Foreign Relations. 

This post is one of a three-part Asia Unbound series following a recent CFR trip to India and China. See related posts from my colleagues Alyssa Ayres and Elizabeth Economy. Read more »

All Roads Lead to Beijing

by Elizabeth C. Economy
China's President Xi Jinping reviews an honor guard before a meeting with Brazilian President Dilma Rousseff on the sidelines of the 6th BRICS summit at the Planalto Palace in Brasilia July 17, 2014. REUTERS/Sergio Moraes (BRAZIL - Tags: POLITICS MILITARY) China's President Xi Jinping reviews an honor guard on the sidelines of the 6th BRICS summit at the Planalto Palace in Brasilia on July 17, 2014. (Sergio Moraes/Courtesy Reuters)

This post is one of a three-part Asia Unbound series following a recent CFR trip to India and China. See related posts from my colleagues Alyssa Ayres and Daniel Markey. Read more »