Word: asianized
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...decades, many Asian countries - from Japan and South Korea to Thailand and the Philippines - were used to counting on an American big brother for everything from economic sustenance to military security. Now there's a new top dog in town: China. Last year, Japanese Foreign Minister Katsuya Okada proclaimed that this "will be the age of Asia and in that context it is important for Japan to have its own stance, to play its own role in the region" - a role separate from that of the U.S. It's no coincidence that such a sentiment was expressed precisely as China...
...Further south, China has surpassed the U.S. as ASEAN's third largest partner in commerce after the E.U. and Japan. The Southeast Asian club has signed trade pacts with Japan, India, South Korea and, most importantly, China, paving the way for a regional economic bloc that could rival the E.U. Note that the U.S. isn't involved. "If we are closer to China now, it is only because the U.S. has neglected us," says Kavi Chongkittavorn, a Thai columnist who writes about foreign affairs. Wirjawan, the head of the Indonesian investment board, jokes that, "If I want to get Americans...
...then complain about an incredible shrinking Europe? Clearly, Asia's economies are growing more quickly than those in Europe and the U.S. Great - Europe, too, benefits from this development. Europe is the biggest foreign investor in Asia and the biggest importer of Asian goods. This has contributed to some 400 million Asians escaping from poverty. Contrary to Professor Mahbubani's assertion, Europe is indeed "looking towards Asia...
...only the strongest economic union in the world but also the main source of aid for developing countries. Thus, the criticism that Europe is too preoccupied with itself is both shallow and unfair. On the contrary, Europeans are busy creating a model that is internationally relevant, especially for Asian countries and groupings. Some, such as ASEAN, are watching the European experiment very closely. (Read: "Europe's Errors" by Kishore Mahbubani...
...what is the single Asian number Henry Kissinger would call...