On November 24, 2018, Taiwan held its mid-term election or its “Nine-in-One Election.” By almost every measure, the KMT won big, and the DPP lost big. President Tsai Ing-wen resigned as chair of the DPP, signifying the failures of her administration.
It’s on everybody’s lips: the smoother relationship between China and Japan, the world’s second and third economies. The conventional explanation for this round of cozying up is that the common challenge of trade wars is uniting the two Northeast Asian rivals.
Japanese Prime Minister Shinzo Abe’s landmark three-day visit to Beijing from October 25-27, 2018, exemplifies the changing undertone in the fragile relations that have been severely affected by territorial disputes and contentions over Japan’s past aggression.
In recent weeks, some top members of Taiwan President Tsai Ing-wen’s party have warned her that US President Donald Trump will likely terminate and may even reverse America’s recent pro-Taiwan actions and policies.
At Chinese Premier Li Keqiang’s summit meeting with Japanese Prime Minister Shinzo Abe on May 9, 2018, the “Maritime and Aerial Communication Mechanism between the defense authorities of China and Japan” was set up to prevent accidental clashes in the air and at sea.
US Secretary of State Mike Pompeo made an unprecedented four trips to North Korea in 2018. His mission for the fourth trip was quite clear — to sustain the momentum of the peace process started from the Trump-Kim summit in Singapore.
The Eastern Economic Forum, Russia’s economic outreach to the world, attracted participants from 60 countries. The most notable ones were China and Japan. The EEF was held for three years continuously in Russia’s Far Eastern city of Vladivostok
The recent US trade retaliation against China is similar to that against Japan in the 1970s and 1980s. Japan’s economy was badly hit after the large appreciation of the Japanese yen as part of the measures to resolve the bilateral trade imbalance
The China-Japan Maritime and Airspace Liaison Mechanism, activated on June 8, 2018, is a crisis management mechanism established by the defense departments of both countries to prevent friction or conflict in their frontline forces of the sea and air.
An unfavorable outcome in the mid-term elections for Trump will likely be leveraged by the Kim regime to extract a maximum number of concessions from the US and stakeholders to pursue economic development and retain his strategic nuclear deterrent.