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The stakes are high. About US$5.5 trillion in global trade passes through the South China Sea’s strategic sea lanes each year, including a large portion of Canada’s commercial interests, according to Stephen Nagy, a professor of politics and international studies at Tokyo’s International Christian University.
TOKYO -- Japan will coordinate with Southeast Asian countries and Australia on policies that reduce carbon emissions in a region that is particularly reliant on fossil fuels.
TOKYO -- Fifteen Japanese companies including Isuzu Motors and trading house Sojitz will receive government funding to create supply chains in Southeast Asia, Nikkei has learned, part of an initiative with investments estimated at 100 billion yen ($679 million).
This article was first published by Pacific Forum and is republished with kind permission. Read the original here.
MANILA -- The Philippine and Vietnamese coast guards have completed joint training exercises near the West Philippine Sea, a not-so-subtle message to a mutual rival vying for control of the South China Sea.
TOKYO -- A series of ASEAN-hosted meetings in Laos last month highlighted shifts in the regional bloc's diplomatic dynamics and the evolving geopolitical landscape in Southeast Asia.
Beijing’s strategy to reshape China’s trade profile to boost exports to Southeast Asia has been put to the test by a growing array of barriers in the region that are responding to supply chain shifts, analysts said, with the curbs also coming at a time of weakening shipments to the 10-nation bloc.
Beijing’s build-up of military bases in the heavily disputed waterway over the last 13 years represents a major strategic challenge for the Philippines, analysts say, as the country lacks the capacity to counter such developments militarily.