Asia & Pacific
Shifting Winds in the South China Sea

Shifting Winds in the South China Sea

The South China Sea, although far from tranquil, has yet to revert to the volatility and violence witnessed in the late 1980s. However, current efforts to maintain stability and implement confidence-building measures could soon be overtaken by environmental changes in the region.

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South Korea Cracks Down on Dissent

South Korea Cracks Down on Dissent

On February 8, the South Korean National Intelligence Service (NIS) raided the Seoul and Incheon offices of the South Korean NGO, Solidarity for Peace and Reunification in Korea (SPARK) for violating the National Security Law (NSL). The NIS also searched the homes of two of SPARK’s leadership, confiscated their notebooks and cell phones, andshut down the server of its website, Jinbo.net.

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Letter from Okinawa

Letter from Okinawa

Dear Mom:

I haven’t written much from Okinawa. I’m sorry about that. I guess maybe you were expecting lots of exciting war stories from your son the Marine. But honestly, the most exciting thing we’ve done is put in a sea wall over by the Torii Beach shoreline and then take it down again when it wasn’t doing its job of controlling erosion.

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Is China Reentering the Great Game?

Is China Reentering the Great Game?

Many countries have contributed to Afghanistan’s reconstruction. But it’s only been since 2007 that China has attracted attention with its investments. In November 2007, the Metallurgical Corporation of China (MCC) won the tender to invest over $2.9 billion to develop the Aynak copper mine, which is the second-largest copper deposit in the world. This was not only the second-largest investment in Afghanistan in recent years – equivalent to one-third of all foreign aid spent in the country between 2002 and 2007 – but it also raised China to the top tier of investors. In a more recent deal in October 2011, the PetroChina Company Ltd (CPNC) plans to invest about $300 million in three oil fields in northern Afghanistan.

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The Apple Connection

The Apple Connection

Ever since the beginning of the current global economic crisis, the focus of both critical analysis and public odium has been speculative capital. In the populist narrative, it was the breathtaking shenanigans of the banks in an atmosphere of deregulation that led to the economic collapse. The “financial economy,” characterized as parasitic and bad, was contrasted to the “real economy,” which was said to produce real goods and real value. Resources flowed into speculative activities in finance, resulting in a loss of dynamism in the real economy and eventually leading to credit cutoff at the height of the crisis, causing bankruptcies and massive layoffs.

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