Word: primed
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...trade zone have been mooted in the past. But with Asian economies leading the world out of recession while America languishes, the topic is coming up with increasing frequency. At a meeting of regional leaders hosted by the Association of Southeast Asian Nations in Thailand last month, Japan's Prime Minister Yukio Hatoyama proposed an "East Asian community" that would bind together Japan, China, South Korea and the 10 countries of Southeast Asia, plus India, Australia and New Zealand. Hatoyama - who recently opined that "the era of U.S.-led globalism is coming to an end" - suggested this zone have...
...This marks a big change. As Thailand's Prime Minister Abhisit Vejjajiva said during the recent ASEAN summit, "The old growth model where, simply put, we have still to rely on consumption in the West for goods and services produced here, we feel will no longer serve us." This is especially true because China, which is poised to overtake Japan as the world's second largest economy, is an increasingly important trading partner for countries such as Japan, South Korea and Indonesia. "Asian firms would do better to reorient their exports and production towards meeting the demand of Chinese consumers...
...TOKYO) - Japan's foreign minister said Monday that Tokyo should honor its agreement to find a new location for a major U.S. Marine base, but he and the prime minister said they were still seeking options on where it should...
Japan and the U.S. agreed in 2006 to relocate Marine Corps Air Station Futenma to a site farther north on Okinawa in the city of Nago, but Prime Minister Yukio Hatoyama has put the deal on hold and indicated the relocation site could be changed...
...have come to call each other Barack and Yukio," said Japanese Prime Minister Yukio Hatoyama. "I've grown quite accustomed to calling each other by our names." A moment later, President Barack Obama returned the sentiment. "Both Yukio and I were elected on the promise of change," he said. "But there should be no doubt, as we move our nations in a new direction, our alliance will endure." (See pictures of Obama visiting Asia...