Word: asianization
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...Everyone knows there is no democracy there." NAZRI ABDUL AZIZ, Malaysia's Minister for Parliamentary Affairs, urging the Association of Southeast Asian Nations (asean) to block Burma's chairing of the group in 2006 unless it agrees to democratic reforms and releases opposition leader Aung...
...currently holds some $610 billion of foreign exchange reserves in U.S. currency and a substantial portion of the U.S. debt, giving it unprecedented influence over the fate of the dollar and even possibly over the U.S. money supply. It has become the epicenter of trade and investment in the Asian region, and is fast emerging as the dominant foreign partner in a some Latin American countries...
...postponed the question, at least until the presidency of the European Union passes from Britain next year.) China's growing strategic role has also seen it move to settle conflicts and stabilize long-troubled relations with key neighbors Russia and India, and assume a natural leadership role in important Asian forums traditionally dominated...
...trip, Rice gave the impression that the U.S can live with this state of affairs. Indeed, Washington's relations with the three great Asian powers are excellent. From being a cold war near-ally of the Soviet Union, India has turned into a partner of the U.S., one to which Rice said Washington now offered "a decisively broader strategic relationship." Japan, where Rice gave her keynote speech of the week, has become much more than a regional friend. Japan's leaders now discuss with Washington common global objectives from poverty relief to nuclear proliferation. As for China, Rice told journalists...
...because they do not yet quite trust one another that Asian political leaders are so keen that the U.S.?which they all trust, to a greater or lesser degree?maintains a close engagement with them. "The United States," said Rice last week, "is positioned to play a particularly constructive role in a region that is changing dramatically." Asians prayed that she meant...