Word: japanes
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...Read "Can Japan Put Its Economy Back on Track...
...boyhood likeness underscores his, and America's, growing image problem across Asia. Soon after Jakarta city workers used the cover of darkness to relocate the young Barry's statue, top U.S. diplomatic envoys were in Beijing to repair foundering relations with the world's third largest economy. Meanwhile, Japan, the world's No. 2 economy, has been calling for a more "equal" (read: less submissive) relationship with the U.S. That's because the Democratic Party of Japan, which came to power last year for only the second time in half a century, won votes by pledging to break with past...
...decades, many Asian countries - from Japan and South Korea to Thailand and the Philippines - were used to counting on an American big brother for everything from economic sustenance to military security. Now there's a new top dog in town: China. Last year, Japanese Foreign Minister Katsuya Okada proclaimed that this "will be the age of Asia and in that context it is important for Japan to have its own stance, to play its own role in the region" - a role separate from that of the U.S. It's no coincidence that such a sentiment was expressed precisely as China...
...Further south, China has surpassed the U.S. as ASEAN's third largest partner in commerce after the E.U. and Japan. The Southeast Asian club has signed trade pacts with Japan, India, South Korea and, most importantly, China, paving the way for a regional economic bloc that could rival the E.U. Note that the U.S. isn't involved. "If we are closer to China now, it is only because the U.S. has neglected us," says Kavi Chongkittavorn, a Thai columnist who writes about foreign affairs. Wirjawan, the head of the Indonesian investment board, jokes that, "If I want to get Americans...
...Obama prepares to take a trip down memory lane, the fate of his boyhood likeness underscores his--and America's--growing image problem across Asia. Soon after the statue of young Barry was moved, U.S. diplomats were busy in Beijing repairing relations with the world's next superpower. Meanwhile, Japan, for decades the key U.S. ally in Asia, is calling for a more equal--that is, less submissive--relationship with Washington. Asia's increasingly assertive leaders are demanding that the U.S. recognize the continent's growing clout, and many feel that Obama isn't giving it due respect.(See pictures...