Asia

A radical approach is needed to prevent war with North Korea

North Korea


By Michael Brady
Tensions in and around the Korean peninsula continue to escalate and there appears to be no end in sight as North Korea pursues its stated goal of building missiles capable of carrying nuclear warheads to the US mainland.

CHINA MILITARY POWER: WORLD'S LARGEST ARMY TO EXPAND FROM ASIA TO AFRICA

CHINA MILITARY POWER

China revealed plans to increase its marine force by 400 percent, focusing on strategic intercontinental trade routes.
BY TOM O’CONNOR

US Defence Secretary sees no need for US military action in South China Sea
The world's biggest military is about to grow. Beijing announced last week it would increase military spending by about 7 percent, totaling about $147 billion. Beijing also plans to increase its marine corps by 400 percent in a bid to expand the nation's economic and military influence across Asia and into Africa, according to News Corp. Australian Network. With 2,3 million soldiers, Chinese leaders already command the largest standing army on the planet.

‘’Russia toughens stance on territorial dispute with Japan’’

Kuril Islands

 
Author : Sergei Blagov
Russia has renewed its earlier hardline stance on the territorial feud with Japan over the Kuril Islands by announcing upcoming deployment of additional troops to the disputed islands. On February 23, still known as “Army Day” in Russia, Moscow brushed aside Japanese objections against the deployment, dismissing Tokyo’s stance as irrelevant.

Japan Overtakes China as Largest Holder of U.S. Treasuries

 Largest Holder of U.S. Treasuries

by Sarah McGregor
Biggest holder of American govt debt held $1.13 Tln in Oct.
China holdings fell to a six-year low of $1.12 trillion

 

A monthly Treasury Department report showed China held $1.12 trillion in U.S. government bonds, notes and bills in October, down $41.3 billion from the prior month and the lowest investment since July 2010. The portfolio of Japan decreased for third month, falling by $4.5 billion to $1.13 trillion, according to the data. Collectively, the two nations account for about 37 percent of America’s foreign debt holdings.

China Ups the Game in the South China Sea

South China sea

By Pepe Escobar

"Information Clearing House" - "Sputnik" - The Joint Sea-2016 started this Monday; that’s the fifth annual China-Russia naval drill, featuring stalwarts from both navies in action at the eastern waters of Zhanjiang, in Guangdong province, the HQ of the People's Liberation Army (PLA) Navy Nanhai Fleet.

America Pivots to Asia; Europe Arms It

America Pivots to Asia; Europe Arms It

Society
August 16, 2013
By Robbin F. Laird

Visitors walk past a miniature model of the Airbus A330 MRTT during the IDEX at the Abu Dhabi National Exhibition Centre

European firms are providing their Asian customers with some core capabilities.

A neglected aspect of the analysis of the evolution of Asian defense and security is the contribution of the European defense industry. Major players in Europe (and in the United States) are seeking global markets to remain viable and to evolve over time. Defense and security is not a static business; it is highly competitive and modernization is always a key element of the equation. Global customers are a crucial element for U.S. or European defense firms to remain on the cutting edge and to be viable in challenging economic conditions.

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