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Despite the Sino-American trade war, China's export competitiveness has strengthened, with its share of global exports increasing in 2023 and its trade surplus reaching $823 billion.
COMMENTARY / World
Jun 5, 2024
Why the U.S. can’t win the trade war with China — and shouldn’t try
There is no evidence that China is actively targeting the exchange rate, and even the U.S. does not label China as a currency manipulator.
Christina Griffin-Jones was a big part of a historically strong U.S. women's team at the 2023 Sumo World Championships.
SUMO / INSIDE SUMO
Jun 5, 2024
American sumo organization becomes battleground in fight for equality
At the heart of the fight is growing opposition to a longtime federation trustee who has not been shy about expressing his homophobic views.
U.S. President Joe Biden has said he has “made clear” to Chinese leader Xi Jinping long-standing U.S. policy that refrains from endorsing Taiwanese independence, but has said the U.S. will defend the island “if China unilaterally tries to change" the status quo.
ASIA PACIFIC / Politics
Jun 5, 2024
Biden says he won't rule out use of U.S. military to defend Taiwan
The U.S. president, in an interview with Time magazine, delivered another broadside to Beijing on its most sensitive issue.
Prime Minister Fumio Kishida and his Indian counterpart, Narendra Modi, meet in Tokyo in May 2022 on the sidelines of the Quadrilateral Security Dialogue. The coalition is now adrift and the reason for the drop-off is simple: The U.S. is preoccupied with Europe and the Middle East.
COMMENTARY / World
Jun 5, 2024
Is 'the Quad' becoming a Potemkin alliance?
Despite its initial promise, "the Quad" coalition now appears to be losing momentum, posing significant security risks.
China’s defense minister, Dong Jun, addresses the Shangri-La Dialogue in Singapore on Sunday. Beijing says it has a long commitment to regional peace and stability. The problem is its actions speak louder than words.
COMMENTARY / World
Jun 5, 2024
Great powers talk past each other in Singapore gathering
Beijing says it has a long commitment to regional and global peace and stability. The problem is that China's actions speak louder than words.
Taiwan Semiconductor Manufacturing Co. (TSMC) is the world's leading chip contract manufacturer.
BUSINESS / Tech
Jun 5, 2024
Chinese AI chip firms downgrading designs to secure TSMC production
They submitted the less-powerful designs to TSMC — the world's leading chip contract manufacturer — to comply with U.S. restrictions, sources say.
Ippei Mizuhara, the former interpreter for Shohei Ohtani, outside a U.S. federal court in Santa Ana, California, on Tuesday
BASEBALL / MLB
Jun 5, 2024
Ohtani's ex-interpreter pleads guilty to stealing nearly $17 million
Ippei Mizuhara admitted to one count of bank fraud, which carries a maximum 30-year prison sentence, and one count of filing a false tax return.
U.S. Secretary of Defense Lloyd Austin leaves a bilateral meeting with his Chinese counterpart, Dong Jun, on the sidelines of the Shangri-La Dialogue in Singapore on Friday.
COMMENTARY / Japan
Jun 4, 2024
China is winning the communications competition
It's a mistake for the U.S. to take for granted that the world sees it as “the good guy” in its competition with China.
U.S. Defense Secretary Lloyd Austin (left) listens as Cambodia's former Prime Minister Hun Sen speaks during a meeting in Phnom Penh on Tuesday.
WORLD / Politics
Jun 4, 2024
U.S. defense chief visits Cambodia to boost ties with China ally
Washington is concerned that a Cambodian naval base that is being upgraded by Beijing might be used to boost the Asian giant's influence in the Gulf of Thailand.
U.S. Secretary of Defense Lloyd Austin speaks at the Shangri-La Dialogue security conference in Singapore on Saturday.
JAPAN
Jun 4, 2024
Upgrade for U.S. military's command in Japan gains steam
U.S. defense chief Lloyd Austin has said that basing a four-star commander in Japan is something the Pentagon is “looking at very closely.”
The U.S. Federal Trade Commission, which polices deceptive advertising practices, saw a jump in complaints over the past year about ads that either used AI or claimed to use it to lure people into scams.
COMMENTARY / World
Jun 4, 2024
AI scam complaints are just the tip of the iceberg
The U.S. FTC, which polices deceptive advertising practices, saw a jump in complaints over the past year about ads using AI to lure people into scams.
Donald Trump holds a rally in the South Bronx on May 23.
WORLD / Politics
Jun 4, 2024
'Enemy within': Trump rhetoric rings alarm bells
During his first term Trump regularly railed at the media as the "enemy of the people," but his sweep now seems wider and more indiscriminate.
Ukrainian soldiers patrol a heavily war-damaged area of the town of Orikhiv in the Zaporizhzhia region of Ukraine on May 20.
COMMENTARY / World
Jun 4, 2024
Ukraine and its allies need a new strategy. Here’s a start.
With the war in Ukraine, stop talking about ‘liberal’ democracy and the ‘rules-based international order.’
Prime Minister Fumio Kishida and U.S. Ambassador to Japan Rahm Emanuel (left) meet aboard the USS Ronald Reagan super carrier on the sideline of Japan's Maritime Self-Defense Force’s International Fleet Review near Tokyo in November 2022. Under a new agreement, U.S. warships will be able to undergo repairs in Japanese commercial shipyard.
COMMENTARY / Japan
Jun 4, 2024
Ambassador Emanuel can deepen Japan-U.S. defense cooperation
Infrastructure, logistics and sustainment should certainly be atop the list of DICAS initiatives.
Philippine Coast Guard personnel aboard the BRP Bagacay observe a China Coast Guard ship during the distribution of fuel and food to fishers by a civilian-led mission in the disputed South China Sea on May 16.
ASIA PACIFIC / Politics
Jun 3, 2024
Beijing slams 'ignoble' U.S. role in South China Sea dispute
Responding to a warning by the Philippines' president, Beijing accused Washington of exploiting the issue to "drive a wedge between China and other regional countries."
A Palestinian youth moves containers of water past destroyed buildings in Khan Younis, southern Gaza, on May 28.
WORLD / Politics
Jun 3, 2024
Israel pushes back against Gaza ceasefire Biden has outlined
Hamas said it welcomed any proposal "based on a permanent ceasefire" as well as "a total withdrawal from the Gaza Strip."
The U.S. flag is magnified in Federal Reserve Bank Chair Jerome Powell's glasses during a news conference on May 1 in Washington. In his first term as U.S. president, Donald Trump broke with decades of precedent by openly attacking Powell, first for raising interest rates and then for not cutting them further.
BUSINESS / Economy
Jun 3, 2024
Traders and economists see Trump win as risk to Fed autonomy, survey shows
A push to roll back the central bank’s independence would likely rock financial markets, undermine investors’ faith and expose it to political pressure to cut interest rates.
Republican presidential candidate and former U.S. President Donald Trump gestures outside Trump Tower, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in New York on Friday.
WORLD / Politics
Jun 3, 2024
Trump warns of 'breaking point' for Americans if he's jailed
Prison time is rare for people convicted in New York state of felony falsification of business records, the charge Trump faced at his trial.
Nippon Steel's proposed acquisition of U.S. Steel would give it greater access to the profitable U.S. market and further its long-term financial goals.
BUSINESS / Companies
Jun 3, 2024
Nippon Steel's Mori hints at selling some assets to aid U.S. Steel deal
The firm's vice chairman plans to return to the United States this week for more talks over the proposed acquisition.
While European countries such as Germany have strengthened bilateral ties with Beijing, the EU as a whole is set on reducing reliance on the Chinese economy: a strategy that European Commission President Ursula von der Leyen calls "de-risking."
COMMENTARY / World / Geoeconomic Briefing
May 31, 2024
Europe’s vulnerability in the EU-China-U.S. geoeconomic triangle
Behind a semblance of unity, the EU and U.S. could be on clashing trajectories in their pursuit of economic security to reduce dependence on China.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?