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Mar. 25 – Here is how China has been reported across the region over the past week.
Is this the Beginning of the Asian Century?
Economists globally seem to think that emerging economies will come out of this crisis sooner and stronger than the developed economies. Large companies in these economies are already buying more developed world companies than two years ago. Emerging-to-developed market deals represent 47 per cent of the developed-to-emerging total, compared with 23 percent in the second half of 2006. (2point6billion.com)
China-Vietnam Friendship Year Set for 2010
To celebrate the 60th anniversary of diplomatic ties between the two countries, Vietnam and China have mutually agreed to launch the “China-Vietnam Friendship Year” in 2010. As a part of this year of friendship, both countries have vowed to resolve their border disputes in a peaceful and effective manner as well as enhance cooperation in science, technology, agriculture and athletics. (Communist Tax Lawyer)
Asian Economies Tackle Unemployment, Recession and Inflation Woes
While economic soothsayers predict bad news for Asia at least for the next few months, finance ministries across the region are implementing measures to shore up their economies. From tacking unemployment in Thailand to the foreseeable recession in Malaysia, the governments are doling out not only financial resources but also trying to shore up consumer sentiments.(2point6billion.com)
Two American Reporters Detained in North Korea
The two captured journalists, Laura Ling and Euna Lee, were doing a report for the U.S.-based Current TV on North Korean refugees in China. Two others, reporter Mitch Koss and an unidentified Chinese guide, were also part of the television crew, but managed to escape back to the Chinese border. (Communist Tax Lawyer)
The Jostling of Economic Goliaths
Until now we all believed that the world was large enough for China and India. That might not be the case anymore. As the financial crisis tests trade, China and India are both jostling to see how far they can push the boundaries of trade with each other. (2point6billion.com)
