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Monday, May 27, 2013

CHINA, US Search for New Model of Relations

U.S. National Security Advisor Tom Donilon is holding talks with Chinese officials in Beijing in preparation for an upcoming meeting between the two countries' presidents.  As differences grow between the United States and China, they are searching for a new model for relations.

During their meetings Monday, U.S. and Chinese officials stressed their hope that the informal early June talks between President Barack Obama and China’s new leader Xi Jinping will help the two sides ...

JAPAN Becoming Major Economic Force in Burma

Japanese Prime Minister Shinzo Abe has forgiven billions of dollars of Burmese debt and promised new aid.  Analysts said despite China being its largest investor, Burma is increasingly looking to Japan as the dominant economic force.

During the first visit by a Japanese prime minister in 36 years, Shinzo Abe not only forgave Burma's debt, but also pledged a new development loan.

Japan cancelled $1.74 billion in debt and on Sunday agreed to lend Burma over half a billion dollars ...