It is more than 21 years since Hong Kong became a Special Administrative Region of China. Much has happened that is positive since 1997. At the same time there have been recurring political incidents and stand-offs. Could the HKSAR see a positive future within China?
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.
North Korea’s economy suffered a negative growth of 3.5 percent in 2017, its worst setback in a decade. The disagreement with the US over its denuclearization process could delay the lifting of sanctions, while China-US competition in the Korean Peninsula may add additional uncertainty.
Both are daughters of former heads of state, and their political pedigrees befitted their status in history. The conspicuous resemblance of South Korea’s Park Geun-hye (2013-2017) and the Philippines’ Gloria Macapagal-Arroyo (2001-2009) is eerily apparent.