India and Japan have joined hands in engaging in economic diplomacy with Africa and the rest of Asia, with the goal of social and economic development of the developing countries in these two continents.
In September 1981, Ye Jianying of the CPC laid down the famous nine-point proposal. The fifth point states that “The Taiwan authorities and representatives from all walks of life may serve as leadership positions in the national political institutions and participate in state administration.”
Former PM Lee Hae-chan have been given presidential orders by Moon Jae-in to conduct diplomacy with China, and media industry tycoon Hong Seok-hyun has been dispatched to the US to have a dialogue with US officials about the Korean Peninsula crisis.
On June 13, 2017, China and Panama jointly announced they had established formal diplomatic relations, and Panama declared it was breaking ties with Taiwan. The reaction in Taiwan reflected more hurt and anger than usual over the exit of a friend and “ally.”
July 1, 2017 marks the twentieth anniversary of the 1997 return of Hong Kong to Chinese sovereignty. The biggest bump in the journey led to the Umbrella Movement and inspired the emergence of fringe elements fighting for the unrealistic goal of Hong Kong independence.
After nearly six months of seeing giant shifts in one direction and then the other in Donald Trump’s Taiwan policy, many observers are wondering what is to come next. There are plenty of good reasons to believe that Trump wants to keep the status quo.
With nuclear tension escalating in the Korean Peninsula, it is anticipated that South Korea’s new President Moon Jae-in will foster warmer ties with North Korea. There is possibility of peace and stability if Moon is able to translate his intentions into reality.
On May 15, 2017, Japan signaled its intention to join the Asian Infrastructure Investment Bank initiated by Beijing. The condition is for the AIIB to address Japan’s concerns about the environmental impact of AIIB-funded projects and other matters.
On May 9, 2017, South Koreans overwhelmingly selected Moon Jae-in as their next leader. What are the implications for the Korean Peninsula crisis and the region? Of greater concern to voters were their perceptions of the need to regulate the private sector conglomerates.
The Trump administration in its first 100 days has indicated its obligations to its network of allies and friends by focusing on mitigating or resolving the nuclear crisis in North Korea. The US is also working with China in contributing to the resolution of the standoff.