The myth of Chinese overcapacity
Early in the morning, factory whistle blows
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MELBOURNE, Australia (AP) — The country in which China has gained most influence in the South Pacific, Solomon Islands, goes to the polls on Wednesday in an election that could shape the region’s future.
SEOUL -- Once propelled by a decisive leadership, Samsung Electronics now finds itself falling behind competitors including Apple and Taiwan Semiconductor Manufacturing Co. (TSMC), as senior management shies away from risk.
Solomon Islanders will head to the polls on Wednesday, voting in an election that promises to bolster or blunt China’s regional ambitions, with security consequences that will ripple far beyond the Pacific nation’s palm-fringed shores.
Aging ships, emerging threats, rigid mindsets and indecision about investing in numerous but small or a few large amphibious warfare ships – all those factors threaten US force projection and expeditionary warfare capabilities.
The trilateral summit in Washington between the leaders of the Philippines, United States and Japan saw a number of announcements focused on strengthening maritime defence cooperation in the South China Sea to counter Beijing’s increasingly aggressive actions in the disputed waters.
TOKYO -- Japan has been lagging South Korea and Taiwan in nurturing competitive midsize businesses due to its rigid classification of companies into large and smaller based on the amount of capital and the number of employees.
China has “no reason” to view the first-ever trilateral summit between the US, Japan and the Philippines as a threat, a top White House official said on Friday.