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Investment News and Commentary from Emerging Markets in Asia - China, India and ASEAN

About discusses business and investment news rising from the geopolitical relations of China and India, and the interactions these two countries have with the rest of emerging Asia.

Monthly Archives: July 2010

New Asia Briefing Summer Special Out Now

Asia Briefing Summer SpecialJul. 30 – Business reading for the beach….here at Asia Briefing (proud owner of the various Briefing brands), we’ve given in to the heat of summer, put on our swim shorts and are providing our readers with a complimentary special summer annual to download especially for August. Our first Asia Briefing summer special has arrived.

What’s in it? Business reading for the beach, a mixture of Asia business, culture and some fun stuff, all together in one handy, 20-page download.

Included: the top ten most popular articles from China Briefing, India Briefing, Vietnam Briefing and this year to date (over a million views combined on those), plus commentary and updates on them; the top ten Asia tourist destinations, photos and reviews; the best of Asia blogs – from China, India, Vietnam and the rest of Emerging Asia, find out which blogs we liked and why; and Publisher Chris Devonshire-Ellis’s fiendish summer quiz – “So You Think You Know Asia?”– with prizes to be won. Continue reading

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North Korea’s New Export – Opera

Jul. 30 – North Korean culture has been wowing Chinese audiences this summer as the Sea of Blood Opera Company has been touring the country. Named after a revolutionary film written by Kim Il-sung in 1961, the company has been traveling China to mark the 60th anniversary of Sino-North Korean relations. Continue reading

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North Korea, U.N. Command Hold Third Round of Military Talks

Photo: AFP

Jul. 30 – North Korea and the U.S.-led United Nations Command held colonel-level military talks at the border truce village of Panmunjom this morning in the third round of military talks since the March sinking of the South Korean naval vessel Cheonan, according to an official with the U.N. Command.

The meeting comes two days after the United States and South Korea finished a series of joint military exercises off the Korean coast in a show of force that included a U.S. Nimitz class nuclear-powered supercarrier, the USS George Washington. Continue reading

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New Issue of DPRK Business Monthly Available for Download

Jul. 30 – The latest issue of DPRK Business Monthly is now available for complimentary download.

This issue analyzes North Korea’s growing trade with China and contains an edited version of the latest North Korea Report from the Institute for Far Eastern Studies. As inter-Korean commerce has all but dried up in the wake of the Cheonan incident, trade between North Korea and China appears to have continued to grow. According to Chinese customs statistics released on July 6, trade with North Korea from January to May amounted to US$983.63 million; 18.1 percent more than the US$833.07 million reported for the same period last year. Continue reading

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India to Buy 57 More Hawk Advanced Training Aircraft

Photo: Press TVJul. 29 – Britain’s BAE Systems, the world’s largest defense contractor, recently confirmed a US$780 million deal with India’s Hindustan Aeronautics Ltd. which will supply the former British colony with 57 more Hawk advanced trailing aircraft.

The agreement, which also includes a further US$312 in work for Rolls-Royce to build the engines, was signed in Bangalore yesterday with Prime Minister David Cameron in attendance as he makes his way around the country. He commented that the deal was “an outstanding example of India-U.K. defense and industrial partnership” and that it would bring “significant economic benefits” to both nations. Continue reading

Posted in Foreign Trade | 3 Comments

As Economy Grows, So Does Pollution in China

Photo: AFPJul. 29 – China’s air quality over the first half of 2010 worsened for the first time in five years, according to a report published on the Ministry of Environmental Protection’s web site on Monday.

“China is still facing a grave situation in fighting pollution,” the ministry’s spokesman Tao Detian told China Daily.

According to the ministry, air quality across 113 major Chinese cities was “fair” or better on 91 percent of days from January to June, down 0.3 percent when compared to the same period last year. Continue reading

Posted in Science & Technology | 1 Comment

Hong Kong Faces Driving Dilemma

Photo: Dona SauerburgerJul. 28 – The unification of Hong Kong with Mainland China may have taken place back in 1997, but a lingering British problem  remains: the city still drives on the left side of the road. That is now developing into a serious headache as post-1997 infrastructure developments bring the territory closer to the mainland, which drives on the right side of the road.

Hong Kong, in fact, bans vehicles with steering wheels on the left side (with the exception of government or authorized emergency carriers) from its roads, and that is having an impact on predictions over the amount of traffic expected to cross over from China to Hong Kong. Continue reading

Posted in Culture & History | 7 Comments

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