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Development asian news

Junaid Kathju - Will US sanctions threat undo India-Iran Chabahar port deal aimed at countering China’s regional expansion? - scmp.com - China - Usa - India -  New Delhi - Pakistan - Afghanistan - Washington - Iran -  Sanction - county Will - state Massachusets -  Tehran

Will US sanctions threat undo India-Iran Chabahar port deal aimed at countering China’s regional expansion?

The threat of potential US sanctions over a port deal between India and Iran is unlikely to deter New Delhi from pressing ahead with the project seen as crucial for its ambition to boost trade with Central Asia and counter Chinese influence in the region, analysts say.

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Evelyn Cheng - China pledges $42 billion in a slew of measures to support the struggling property sector - cnbc.com - China -  Beijing

China pledges $42 billion in a slew of measures to support the struggling property sector

BEIJING — Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments, in an effort that could help developers get more funding to finish construction on pre-sold properties.

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Gilberto Teodoro-Junior - Jeoffrey Maitem - South China Sea: Philippine senators launch new project to strengthen presence on disputed Pag-asa island - scmp.com - China - Philippines -  Beijing -  Manila

South China Sea: Philippine senators launch new project to strengthen presence on disputed Pag-asa island

As the lawmakers flew to Pag-asa Island – the largest island in the Philippine-claimed Kalayaan Island Group within the contested Spratly Islands – on Thursday, they reported being challenged by Chinese forces who sent a radio message to their plane instructing them to leave what it claimed to be Beijing’s territory.

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Reuters - Pham Minh Chinh - Vietnam reportedly forfeits billions of dollars in foreign aid amid anti-graft freeze - cnbc.com - Vietnam

Vietnam reportedly forfeits billions of dollars in foreign aid amid anti-graft freeze

Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative paralysis, the United Nations, the World Bank and Western donors told the government in a letter seen by Reuters.

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China rolls out new measures to fix its property crisis, spur growth - apnews.com - China

China rolls out new measures to fix its property crisis, spur growth

China announced a slate of fresh measures Friday to reinvigorate its ailing property industry after the latest data showed housing prices have slumped nearly 10% since the start of the year.

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Jeoffrey Maitem - Joshua Espeña - Will a US missile system in the Philippines make northern Luzon a ‘high value target’ for China? - scmp.com - China - Usa - Philippines

Will a US missile system in the Philippines make northern Luzon a ‘high value target’ for China?

The uproar centres on the US Typhon Weapon System, which is capable of firing both SM-6 anti-aircraft missiles and Tomahawk Land Attack Missiles, with operational ranges of more than 240km (150 miles) and 2,500km, respectively.

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Biman Mukherji - Are India’s politicians paying lip service on climate change in election amid heatwave? - scmp.com - India -  Mumbai -  Bengaluru

Are India’s politicians paying lip service on climate change in election amid heatwave?

Rapid urbanisation and unplanned development in India have led to the removal of green spaces, worsened air pollution and increased the risks of extreme heat. Burning coal, oil and gas that induce warming have exacerbated weather changes.

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Japan Inc. is changing the way it assesses leadership - asia.nikkei.com - Japan -  Tokyo

Japan Inc. is changing the way it assesses leadership

Jody Ono is a specially appointed professor at Hitotsubashi University Business School in Tokyo where she runs leadership development programs. She is also a senior adviser on Japan to strategic intelligence firm G3.  Ken Suzuki is a partner with executive search firm Heidrick & Struggles in Tokyo and heads its leadership consulting practice in Japan.

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