Japan’s reputation for quality infrastructure is well-known in Asia, where Tokyo is hitting back at Beijing’s efforts at economic hegemony.
In a time of heightened tensions between Asian nations with claims to the waters of the East and South China Seas, the deployment of an offshore oil rig back in May by Beijing in disputed waters with Vietnam was not going to be an event without ramifications. The rig’s deployment by the Chinese National Offshore […]
Following the largely negative international reaction to its latest aggressive actions in Japan, the Philippines and Vietnam, Beijing may be trying a new approach in settling longstanding territorial disputes with its neighbors. On Monday, China’s Foreign Minister Wang Yi announced China is prepared to resolve its border disputes with India by peaceful means, “Through years […]
photo: WN.com Rock, paper, scissors is a popular game among youth in China, and can be played anywhere and anytime between two people. In the game, both participants count to three and then reveal their hand – a fist symbolizes a rock, a flat hand is paper, and two fingers signify scissors. The winner is […]
Some readers may be familiar with the term “expropriation,” a political risk which the Multilateral Insurance Guarantee Agency (MIGA), a World Bank affiliated insurer, defines as “an action whereby a government seizes property of assets of the foreign investor without full compensation to the investor…also referred to as ‘ownership risk’ or nationalization.” More astute readers […]
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