East Asia Archive

When asked recently by New York Times columnist Thomas L. Friedman whether China, as the “biggest energy investor in Iraq,” should behave more like a stakeholder there, U.S. President Barack Obama had a pointed reply. The Chinese, he said, “have been free riders for the last 30 years and it’s worked really well for them,” while the United States has had to bear the burdens of maintaining international security and prosperity for the good of the world. Those comments triggered a sharply negative reaction in the Chinese press. Although Obama might not have intended to be so blunt, his remarks […]

Last month South Korea unveiled a $40 billion economic stimulus package designed to boost a lagging growth rate. In an email interview, Dwight Perkins, professor emeritus of political economy at the Harvard Kennedy School of Government, discussed the state of South Korea’s economy. WPR: What are the main factors behind South Korea’s recent economic slowdown? Dwight Perkins: South Korea’s growth averaged 3 percent between 2011-2013. That rate of growth is slightly below South Korea’s average growth rate over the past nine years, but that is hardly surprising given the weaknesses in European and North American economic performance. We do not […]

One of Japanese Prime Minister Shinzo Abe’s main objectives since returning to office has been to improve relations with Russia, a goal also sought by Moscow. Both governments want to enlarge their diplomatic options and gain leverage with third parties as well as achieve mutually beneficial bilateral economic and energy deals. The two sides’ territorial dispute over the Russian-administered Southern Kurils, which the Japanese call their Northern Territories, has long stood in the way of improved ties. Because of the dispute, for instance, Japan and Russia have yet to sign a peace treaty formally ending the state of war between […]