Speedily and surreptitiously moving ahead in reclamations, constructions and deployment of its military bases in South China Sea (SCS), China seems definitely not using SCS only for economic factors, but also in the business of a stealthy development of a strategic military base.

Asia was in 2014 based on the Heidelberg Institute for International Conflict Research (HIIK) Conflict Barometer for 2014 report accounted for the most conflicts among five regions in the world with a total of 127, thus covering almost 30 percent of all conflicts in 2014.

The number of disputes has risen over the decades in the region known for dynamic economy, competition, rich waters, possible big oil and gas reserves, important international roads, global trade flows, distrust, inability to define territory boundaries and lack of share of information between countries. Various actions, including harassing vessels, blockading islets and shoals and destroying equipment have increased diplomatic tensions.

A dispute over Kuril Islands is the reason why Russia and Japan still after more than 70 years have not signed a peace treaty to end the World War II. Could compromise about so long stagnating conflict which was so far discussed by Gorbachev, Yeltsin and also by Putin, be found this year during Russian planned visit in Japan?

Geopolitics: enmity, rapprochement, concrete political or military decisions besides straightforward interests are often based on perceptions and influenced by the (lack of) understanding of the counterpart. That is what call the geopolitics of perceptions which is probably more important than we think. It is true in the Sino-European relations that have a long history.

In the nineteenth century Europe's key cultural impact on China has probably been its influence in modernizing the Chinese state. In the 1870s and 1880s, Chinese engineers who visited Europe realized in no time that Europe's successes were not just due to technological advances but were more deeply rooted.

“I predict that it is in Asia where the fate of the future will be decided.”-Tsar Alexander III

Needless to say, forecasts are extremely difficult to make in international relations, and all the more so when so many factors are in play. The author does not have any special information that he could use to forecast the future. The different miniscenarios are very wide and therefore any of these could reasonably, or unreasonably, be expected to occur.

The speed and determination with which South Korea rose from war-torn poverty to innovative leadership amazed the world. Sungchul Chung examines the lessons to be learned by others seeking to emulate its success.

The World Economic Forum announced its selection of Global Growth Companies (GGCs) regional finalists for East Asia. As regional finalists, the six companies have been given the opportunity to join the larger GGC community at the World Economic Forum on East Asia, taking place in Jakarta, Indonesia.

The economy

Economists generally agree that the cumulative economies of China and India will be larger than that of the G7 by 2030. At present, China’s GCP stands at $9.2 trillion, or nearly 5 times that India.

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