CFR Presents

Asia Unbound

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

Secretary Kerry’s First Visit to Northeast Asia: Rolling the North Korea Stone Back Up the Hill

by Scott A. Snyder Tuesday, April 16, 2013
U.S. Secretary of State John Kerry (C) walks with U.S. Ambasador to South Korea Sung Y. Kim (L) and deputy director general of South Korea's Foreign Ministry Moon Seoung-hyun upon his arrival at a military airport in Seongnam, south of Seoul, April 12, 2013. Kerry begins a three-day visit to Seoul, Beijing and Tokyo as U.S. and South Korean officials say the nuclear-armed North appears poised to test a medium-range missile after weeks of threatening statements. (Kim Hong-ji/courtesy Reuters) U.S. Secretary of State John Kerry (C) walks with U.S. Ambasador to South Korea Sung Y. Kim (L) and deputy director general of South Korea's Foreign Ministry Moon Seoung-hyun upon his arrival at a military airport in Seongnam, south of Seoul, April 12, 2013. Kerry begins a three-day visit to Seoul, Beijing and Tokyo as U.S. and South Korean officials say the nuclear-armed North appears poised to test a medium-range missile after weeks of threatening statements. (Kim Hong-ji/courtesy Reuters)

Secretary of State John Kerry’s first visit to Northeast Asia came against the backdrop of increasing tensions stoked by North Korean evacuation announcements and missile-launch threats.  His meetings with new leaders Park Geun-hye, Xi Jinping, and Abe Shinzo succeeded in changing the tone of the conversation about North Korea from a military to a diplomatic focus and to strengthen  diplomatic consultation processes with new administrations in South Korea and China, but it remains to be seen whether there will be substantive shifts in the respective policies of the various governments. Read more »

More on Myanmar Unrest

by Joshua Kurlantzick Friday, April 12, 2013
People carry weapons during riots in Meiktila on March 22, 2013. People carry weapons during riots in Meiktila on March 22, 2013. (Soe Zeya Tun/Courtesy Reuters)

On the CFR site, I have an expert brief up on the surge in ethnic and religious unrest in Myanmar. You can read the expert brief here.

The anger seems to be building, despite some efforts by the government, Muslim leaders, and Buddhist leaders to cool tensions. (Aung San Suu Kyi, who had said virtually nothing about the violence for two weeks, did finally step forward and say that Myanmar needs to promote a stronger rule of law to prevent future violent outbreaks, a somewhat mealy-mouthed response.) One of the leading militant monks—a phrase that just sounds bizarre—this week gave an interview to the Irrawaddy in which he was essentially unrepentant about the attacks on Muslims. Read more »

Friday Asia Update: Top Five Stories for the Week of April 12, 2013

by Guest Blogger for Elizabeth C. Economy Friday, April 12, 2013
Japan's Interchange Association Chairman Mitsuo Ohashi (L) shakes hand with Taiwan's Association of East Asian Relations Chairman Liao Liao-yi during the fishery agreement signing ceremony in Taipei on April 10, 2013. Japan's Interchange Association Chairman Mitsuo Ohashi (L) shakes hand with Taiwan's Association of East Asian Relations Chairman Liao Liao-yi during the fishery agreement signing ceremony in Taipei on April 10, 2013. (Stringer/Courtesy Reuters)

Sharone Tobias and Will Piekos look at the top five stories in Asia this week.

  1. China’s economy seems a little shakier. A surge in bad-credit loans within the country has China trying to clean up liquidity without slowing growth. China’s plethora of bad loans and unsustainable levels of debt has led Fitch to downgrade China’s yuan-dominated debt from AA- to A+. It is the first time since 1999 that China’s sovereign credit rating was cut. Part of the reasoning for the downgrade was low average incomes, poor standards of governance, and a rapid expansion of credit. Read more »

Myanmar’s Spreading Unrest

by Joshua Kurlantzick Wednesday, April 10, 2013
An Islamic school, a victim of ethnic violence, is seen damaged in Meikhtila, Myanmar, on March 26, 2013. An Islamic school, a victim of ethnic violence, is seen damaged in Meikhtila, Myanmar, on March 26, 2013. (Minzayar/Courtesy Reuters)

In recent weeks, the Buddhist-Muslim violence that last year seemed mostly confined to Rakhine State has been spreading across Myanmar, even entering Yangon and other large cities. Muslim leaders in some parts of the country are warning Myanmar’s Muslims not to leave their homes, while many mosques and shops owned by Muslims have shut their doors for now. Read more »

Japan Prepares for Pyongyang’s Worst

by Sheila A. Smith Monday, April 8, 2013
Members of the Japan Self-Defence Forces stand guard near Patriot Advanced Capability-3 (PAC-3) land-to-air missiles, deployed at the Defense Ministry in Tokyo December 7, 2012 Members of the Japan Self-Defence Forces stand guard near Patriot Advanced Capability-3 (PAC-3) land-to-air missiles, deployed at the Defense Ministry in Tokyo December 7, 2012 (Issei Kato/Courtesy Reuters).

Tokyo has thus far kept a low profile as Seoul and Washington responded to the steady stream of threats emanating from Pyongyang. Today, however, as governments around the region prepare for a likely missile launch, and perhaps even another nuclear test, the Abe cabinet announced serious preparations to defend Japan against possible attack. Read more »

Friday Asia Update: Top Five Stories for the Week of April 5, 2013

by Guest Blogger for Elizabeth C. Economy Friday, April 5, 2013
A man walks past an electronic board showing the graphs of exchange rates between the Japanese yen, the U.S. dollar and Euro outside a brokerage in Tokyo on April 4, 2013. (Courtesy Reuters/Yuya Shino) A man walks past an electronic board showing the graphs of exchange rates between the Japanese yen, the U.S. dollar and Euro outside a brokerage in Tokyo on April 4, 2013. (Courtesy Reuters/Yuya Shino)

Sharone Tobias and Will Piekos look at the top five stories in Asia this week.

1. Japan gets aggressive on deflation. The Bank of Japan surprised investors Thursday by unveiling aggressive easy-money policies to stimulate the Japanese economy, under newly installed central bank chief Haruhiko Kuroda. This is a huge change for the historically conservative bank, which will double its holdings of government bonds—a program 60 percent larger than the Federal Reserve’s QE4 bond-buying program, relative to GDP. Read more »

Prescriptions for Democracy Assistance

by Joshua Kurlantzick Friday, April 5, 2013
Indonesia's President Susilo Bambang Yudhoyono speaks in front of parliament members in Jakarta August 16, 2012. Indonesia's President Susilo Bambang Yudhoyono speaks in front of parliament members in Jakarta August 16, 2012. (Beawiharta/Courtesy Reuters)

At the National Endowment for Democracy this Monday, I met with a large group of democracy promotion specialists from all over the world. They offered valuable insights about how their work was affected by the weakness of democracy in many developing nations, by the pushback against democracy promotion by several major autocratic powers, and by the growing influence of money in politics in nascent democracies, where opportunities for vote-buying and graft actually seem to increase as compared to the period of authoritarian rule. Following the meeting, NED blogger Michael Allen posted several of my prescriptions for reforming democracy assistance. You can read them here.

Big Data: An Interview with Kenneth Cukier and Viktor Mayer-Schonberger

by Guest Blogger for Adam Segal Thursday, April 4, 2013
Big Data: A Revolution That Will Transform How We Live, Work, and Think (Courtesy Eamon Dolan/Houghton Mifflin) Big Data: A Revolution That Will Transform How We Live, Work, and Think (Courtesy Eamon Dolan/Houghton Mifflin)

Kenneth Cukier and Viktor Mayer-Schonberger, authors of the new book Big Data: A Revolution That Will Transform How We Live, Work, and Think, published last month, answered several questions on big data, foreign policy, and China. Questions by Sharone Tobias. Read more »

What Is North Korea’s Next Threat Likely to Be?

by Scott A. Snyder Thursday, April 4, 2013
North Korean leader Kim Jong-un (C) presides over an urgent operation meeting on the Korean People's Army Strategic Rocket Force's performance of duty for firepower strike at the Supreme Command in Pyongyang, early March 29, 2013. (KCNA/courtesy Reuters) North Korean leader Kim Jong-un (C) presides over an urgent operation meeting on the Korean People's Army Strategic Rocket Force's performance of duty for firepower strike at the Supreme Command in Pyongyang, early March 29, 2013. (KCNA/courtesy Reuters)

Given the threat-a-day nature of North Korean actions in recent weeks, I have noticed that many of the media headlines on North Korea are including the word “again.”  I can almost imagine North Korea’s repetition of threats turning into a college drinking game. Read more »

Domestic Health Challenges and Global Health Governance: The Cases of China and India

by Yanzhong Huang Wednesday, April 3, 2013
China's President Hu Jintao shakes hands with Indian's Prime Minister Manmohan Singh. China's President Hu Jintao shakes hands with Indian's Prime Minister Manmohan Singh (B Mathur/Courtesy Reuters).

It’s been a busy week for global health. With the Indian Supreme Court’s landmark decision to dismiss Novartis AG’s attempt to patent its cancer drug Glivec, the doors for low-cost generic drugs will remain open. At the same time in China, as it’s been covered by me and my colleague Laurie Garrett,  the rise  of  a deadly new bird flu strain has already infected nine people, three of whom have died, in Southeast China. Both developments have tremendous implications for global governance for health. Read more »