During the swearing-in ceremony of new lawmakers at Hong Kong’s Legislative Council, two lawmakers referred to the former British colony as the “Hong Kong nation.” A pro-Beijing publication translated the word “nation” as “guo” in Chinese. “Guo” or “guojia” can be understood as nation, country, or state.
Although the Bank of Japan recently announced the plan of “yield curve control,” it has been buying longer government bonds to push their rates down since 2012. The BOJ is only changing the policy target from the quantity of bonds to the price of the bonds. In particular, it aims to keep the 10-year bond yield at around zero.
Hong Kong’s 2016 Legislative Council election witnessed the success of the localists, including the victory of five young candidates, who advocated the ideas of localism, democracy, and self-determination.
Submarine acquisitions in East Asia reflect ongoing geopolitical movements and trends. The ultimate fear is that submarines may become the capital ships in sea-lane denial missions. Submarine acquisitions are as much for bilateral diplomacy as they are military hardware acquisitions.
North Korea knows that the world is unfair, as all the five permanent members on the United Nations Security Council have nuclear weapons, while the rest of the world cannot. Or wait a minute, a few others can also have nuclear weapons. So why can’t North Korea have nukes?
Hong Kong’s Legislative Council Election was held on September 4, 2016, and there were many new and important political features and implications, suggesting that Hong Kong people would like to change the status-quo by having new political forces and young persons to monitor the government.
In cross-Strait relations, Tsai Ing-wen has vowed to implement a policy of “no provocation, zero surprises, and more communication.” However, by making some subtle yet significant changes, Tsai has planted a time bomb in cross-Strait relations.
The phenomenon of Pokémon Go was built on the foundations of the real-world physical Pokémon products of the 1990s and early 2000s which was a runaway hit with kids and its influence shaped an entire generation of American children through primetime TV.
In July 2016, Japanese Prime Minister Shinzo Abe announced a JPY 28 trillion stimulus package, which includes spending on infrastructure, reconstruction of disaster zones, wage increases for child and elder care workers, and direct cash payments to low-income households.