What exactly will be the fallout from Japanese Prime Minister Shinzo Abe speech? I break down the speech . Plus if you’re having problems wrapping your head around China’s economic woes, Curtis S Chin breaks down what and why things are happening. These stories and more this week.
Unless you’ve been hiding under a rock this past week, you’ve seen the raw footage from last week’s chemical storage explosion in the Chinese port city of Tianjin. Over the course of the past seven days, there’s been a steady stream of information released. Asia News Weekly host Steve Miller sifts through and consolidates the data into the nuggets of information you need to know.
Immediately following Prime Minister Shinzo Abe’s speech on the anniversary of the 70th anniversary of WWII, the world voiced their opinion. While the White House welcomed the statement, Peter Kuznick, a history professor at American University, called Abe “notorious historical falsifier.” Miller dives into some of the key issues surrounding the speech and Seoul and Beijing’s response.
China’s got the world’s second largest economy. But even then, it’s only a little more than half of the United States’ GPD. According to CNN Money, the figures for 2015 put the Chinese economy at 11.2 trillion US dollars — way ahead of number three Japan, who comes in at just 4.2 trillion US dollars.
But things haven’t bee going all that well for Beijing. It’s markets took a dive, then China elected to devalue its currency. The dip in the key Chinese indices were felt across Asia, as was the yuan’s dip. But what does it mean? Returning to the podcast is Curtis S Chin, Asia Fellow with the Milken Institute to help unpack everything.
On Monday, a deadly blast rocked Bangkok. The resulting explosion killed 20 and injured more than 100. Miller speaks with Curtis S Chin, who is in Bangkok, about the blast and the ensuing aftermath. The Asia Brief continues with an update on the Bangladesh blogger murders. This week, five men have been arrested on suspicion of being involved in thee of the four attacks this year.
Miller also shares more stories from the region including how China and the Philippines are addressing military build-ups in the South China Sea, news of a deadly crash in Indonesia, thousands being arrested in China, how one boss killed their employee, and more.
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