The success of popular movements in the Middle East has raised the apprehensions of the Chinese Communist Party, which has been reminded of its own weakness.
Russia has renewed its efforts to reconfirm its territorial claim over the southern Kuril Islands, also claimed by Japan and known as the Northern Territories..
The temporary hope of peace returning to the Korean peninsula following North Korea’s peace overtures dissipated no sooner than it started when North Korean negotiators walked out of the meeting room at the DMZ in Panmunjam.
Realising the needs of a changing economy and to secure its growth, China’s financial institutions have already started the gradual process of integration. The aim is to learn from the workings of the global financial industry and create competitive global Chinese financial institutions.
While the Chinese president’s trip concluded with a joint statement and the signing of trade and investment deals, it achieved little in terms of addressing pressing global problems and bilateral issues.
Primarily because of the uncertainties surrounding US-China relations, the Hu-Obama summit ended in a stalemate with both leaders agreeing to disagree on important matters.
Japan debates the viability of nuclear power plants
As Japan grapples with a “nuclear emergency situation” a domestic debate has begun about whether a quake -prone country should rely on nuclear power.