Asian nations must ensure that territorial disputes do not erupt into conflict, leaders said on Friday, with Japan and the Philippines reaffirming their commitment to freedom of flight as concerns grow over China's new air defense zone.
Japan has expanded currency swap agreements with Indonesia and the Philippines, officials said Friday, as Tokyo looks to bolster regional relations to counter the growing influence of China.
South Korean airlines Thursday said they would comply with rules set by Beijing for its newly declared air defense zone over the East China Sea.
The failure to finalize a landmark trans-Pacific trade pact this year as planned has dealt a blow to President Barack Obama's policy pivot to Asia.
When leaders from Japan and Southeast Asia gather in Tokyo this week, the elephant in the room will be a nation that is not invited: China.1 Comment
The Straits Times, one of Southeast Asia's largest circulated English newspapers, has named the leaders of China and Japan as the most prominent Asians of 2013. The title, instituted last year, aims to recognize a person whose work or actions have had significant impact on the region.
Trade ministers meeting in Singapore said Tuesday that talks on a huge U.S.-led Pacific trade pact will resume in January, missing a deadline to agree a deal this year.
China expressed “regret” Monday at South Korea's expansion of its air defense identification zone, weeks after Beijing provoked regional fury by establishing its own.
Pakistan's launch of work on its largest nuclear power plant last week is the latest example of big-money Chinese infrastructure projects in the troubled nation.
Vice President Joe Biden said Friday there should be no doubt about America's commitment to its strategic shift to Asia as he wound up a regional tour dominated by security concerns including a new Chinese air zone.