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Blood Money: U.S. Bank Funds Korean Project That Will Destroy Native Community
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Asia & Pacific
Postcard from Bishkek
Protesters in Kyrgyzstan. Photo by Michael Coffey
Too Big to Fail?
Many Americans look across the Pacific at China and see nothing but a vast digestive tract. A billion-plus people are developing quite an appetite: for oil to run their factories, for sheet glass to sheathe their skyscrapers, for grain to feed themselves and their livestock.
60-Second Expert: China Eyes Africa
China’s direct investment into Africa has gone from $5 million back in 1991 to over $50 billion last year. The driving force behind this investment is China’s enormous appetite for raw materials. In return for oil, minerals, or timber, China offers a package deal featuring a mix of cash, investment, cheap credit, technical expertise and training, and in-kind benefits such as new presidential palaces, stadiums, roads, dams, and railways.
China in Africa: Its (Still) the Governance, Stupid
Deep inside the tropical forest of Gabon, 500 miles from the coast, China is going where no other investors dare. A Chinese consortium, led by the China National Machinery and Equipment Import and Export Corporation, has won the contract to develop Gabon’s massive Belinga iron ore deposit. In return for purchasing the entire output, Chinese operators will build not only the extractive infrastructure at Belinga but a hydro-electric dam to power it, a railway to the coast, and a deepwater port north of the capital, Libreville, for exporting the ore.
The Frankenstein Alliance
If you read U.S. newspapers through a security lens, you might get the impression that Washington is well on its way to containing China economically, politically and militarily. China is portrayed in the media as America’s enemy of choice: the 2006 Quadrennial Defense Report states explicitly that “of the major and emerging powers, China has the greatest potential to compete militarily with the United States and field disruptive military technologies that could over time offset traditional U.S. military advantages absent U.S. counter-strategies.”
No Democracy Yet in Thailand
In mid-September 2006, a bloodless “democratic coup” swept through Thailand, the region’s darling of democracy. Military leaders justified their actions as a purely temporary means to wrest the country back from a power-hungry tycoon and restore the functions of government.
Americas Musharraf Dilemma
Stung by a spree of suicide attacks, Pakistan’s military junta this week had to take in an unannounced guest bearing ill tidings. The United States wants General Musharraf to do more to crush al-Qaida, Vice President Dick Cheney told his host during a surprise secretive trip to Islamabad. After being defeated in Afghanistan, America’s bin Laden-led enemies are regrouping in Pakistan’s tribal region, said Cheney. He is reported to have warned Musharraf that if Pakistan does not produce more results, the Democrat-dominated Congress may review and revoke the American military assistance program resumed after September 11, 2001. The military’s status as a major non-Nato ally of the United States could also be in danger.
Villagers Challenge U.S. Military in South Korea
In Pyongtaek, a small rice-farming town 31 miles south of Seoul, Korea, an extraordinary struggle is taking place. Villagers are refusing to hand over their land to the U.S. military, which plans to expand its base Camp Humphrey by three times and occupy 2,470 acres of prime farmland. The villagers didn’t imagine four years ago that their struggle would force policymakers to reassess the role of the U.S. military on the peninsula. But it has.