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Asia-Pacific Economic Cooperation
Latest Asia-Pacific Economic Cooperation Items
China's leaders are gleeful that the chronic crises emanating out of Washington helps elevate China in the world's eye as a much-needed source of stability while furthering Beijing's goal of posing an alternative to a U.S.-centric world economy.
President Obama's flip-flop on attending the Asia-Pacific Economic Cooperation summit and then his decision to stay in Washington to deal with the government shutdown has left America playing second fiddle to China on an important world stage.
U.S. allies expressed their disappointment Sunday over President Obama's cancellation of his trip to an Asia-Pacific summit because of the partial American government shutdown, as U.S. officials tried to reassure them of Washington's commitment to the region.
Already one of the most-traveled presidents in history, President Obama will travel next month to Indonesia, where he grew up as a boy.
I am afraid it could be too early to reject the possibility that Taiwan's President Ma Ying-jeou will meet his Chinese counterpart, President Xi Jinping, in Shanghai's Asia-Pacific Economic Cooperation (APEC) meeting next year ("Inside China: China ridicules Indian navy," Web, Aug. 22). Mr. Xi may soon realize that this timing is the best and perhaps the only opportunity for them to meet officially before 2016, when Mr. Ma will end the last term of his presidency.
The successful launch of India's first indigenously built aircraft carrier, the INS Vikrant, and the tragic accident of an Indian navy Kilo-class submarine that killed 18 sailors created fodder for Chinese state media to use in ridiculing its neighbor.
In July, the Republic of China (Taiwan) signed a historic economic cooperation agreement with New Zealand.
India, the world's most populous democracy, may hold the keys to success for the Obama administration's self-described foreign-policy "pivot" to Asia, a bipartisan panel of analysts told Congress on Wednesday.
With less than two months left for Washington to avoid an impending fiscal crisis that could drive economic recovery into a tailspin, President Obama will break away from negotiations to spend four days on a diplomatic trip to Southeast Asia.