North Korea this week downplayed South Korea's recent decision to join a China-led financial institution as a trade-off for the deployment of an advanced U.S. missile defence system on its soil. Uriminzokkiri, the North's propaganda website, claimed the U.S. was strengthening its push to send a Terminal High Altitude Area Defence battery to the peninsula in return for letting the South become a founder member of the Asian Infrastructure Investment Bank.
its triumph over the United States in the launching of the Asian Infrastructure Investment Bank, China is pushing ahead on another initiative which President Xi Jinping also introduced in 2013: The Silk Road Economic Belt and the 21st Century Maritime Silk Road, twin projects which are breathtaking in scope and which could potentially affect more than half the world's population.
Men constantly seek power and glory. Once you taste that nectar, there is no turning back. It is like an addiction. That is why politicians cannot leave the political arena once they set foot in it, even though it is perilous and dangerous. For example, lawmakers keep running for a National Assembly seat even though it costs them a fortune.
In many respects, South Korea's decision last week to participate in the China-led new regional infrastructure development bank was sensible.
The ruling against the 62-year-old adultery law at a constitutional court hearing in February was not merely the conclusion to a controversial decades-long debate. It also reflected changing norms in a traditionally patriarchal Korean society.
2015/3/31, 4 Comments
War in the Middle East is not exactly Earth-shattering news in a region that always had more than its fair share of bloodshed.
2015/3/31, 1 Comment
Pragmatism was a constant in Lee Kuan Yew's thoughts and actions during his years as prime minister, and later.
A local English newspaper ran this headline last Sunday for an article about cars, trucks, roads, injuries and deaths: "Failure to yield cause of accidents." That headline pushes us to consider the many ways native speakers of English (of the American variety) use the term "yield."
So Taiwan wants to join the Beijing-led Asian Infrastructure Investment Bank or AIIB. Join Taiwan must as President Ma Ying-jeou said in an exclusive interview with The China Times on last Thursday.
- Joe Hung
Israeli Prime Minister Benjamin Netanyahu went into the recent parliamentary elections with a sharp turn to the right that yielded the results he sought.