News
Taiwan says reaches agreement with China over fishermen's deaths. Taiwan and China reached an agreement over the deaths of two Chinese fishermen following months of negotiations. The fishermen died while fleeing after entering prohibited waters. Taiwan's Coast Guard Administration Deputy Director-General Hsieh Ching-chin announced the settlement and emphasized the cooperative atmosphere of the meeting. The incident occurred near Taiwan-controlled Kinmen islands, an area of heightened tension due to China's increased military activities and patrols. Yimou Lee and Jeanny Kao, Reuters, July 30
US boosts alliance with the Philippines with $500 million funding and pact amid concern over China. Washington announced $500 million in new military funding for the Philippines to enhance its defense capabilities, amid rising tensions with China. The funding includes $125 million for improvements to Philippine military bases and supports advanced military equipment acquisitions. The U.S. and the Philippines also discussed a proposed military intelligence-sharing pact. This agreement aims to strengthen joint defense efforts and counter Chinese aggression in the South China Sea. Jim Gomez and Matthew Lee, AP News, July 30
LDP lawmaker's office searched over alleged salary fraud. Japanese prosecutors searched the office of a ruling Liberal Democratic Party (LDP) lawmaker for suspected salary fraud. The investigation involves claims of falsified salary records and improper use of public funds for staff salaries. Authorities are scrutinizing the office’s financial records and transactions. This development is part of broader efforts to address corruption and financial misconduct within political circles in Japan. Kyodo News, July 30.
PM Phạm Minh Chính leaves for state visit to India. Vietnamese Prime Minister Phạm Minh Chính has embarked on a state visit to India to bolster the strategic partnership between the two countries. During his visit, PM Chính will meet with Indian leaders, including Prime Minister Narendra Modi and President Droupadi Murmu, to discuss enhancing cooperation in areas such as trade, investment, defense, security, culture, and people-to-people exchanges. The visit also aims to advance negotiations on a bilateral trade agreement and strengthen regional peace and stability. Vietnam News, July 30
Demarcation of the Tajikistan-Kyrgyzstan border nears completion. The demarcation of the Tajikistan-Kyrgyzstan border is close to completion, with 94% of the boundary fully delineated, according to the governor of Tajikistan's Sughd region, Rajabboy Ahmadzade. The commission responsible for the task has been working since 2022 and plans to address the remaining disputed areas in an upcoming meeting from August 11-17 in Botken, Kyrgyzstan. The border, closed since clashes in September 2021, is expected to reopen soon. Sadokat Jalolova, The Times of Central Asia, July 30
China supports Malaysia’s Brics application, saying ‘like-minded partners’ are welcome. China has endorsed Malaysia’s application to join Brics, welcoming "like-minded partners" to the group. Malaysian Prime Minister Anwar Ibrahim announced the application to Russia, the current chair. Chinese foreign ministry spokesman Lin Jian highlighted the expansion's benefits for global multipolarity and democracy. Brics, founded by Russia, China, India, and Brazil, includes recent members like Iran and UAE. Experts note that while immediate membership may be unlikely, Malaysia's inclusion aligns with China's diplomatic goals. Cyril Ip, South China Morning Post, July 30
N.K. leader's daughter being groomed to succeed Kim: lawmakers. North Korean leader Kim Jong-un's daughter, Ju-ae, is being prepared to succeed him, though the decision is not yet final. South Korea's National Intelligence Service (NIS) reported that Ju-ae's frequent public appearances and titles suggest she is a strong candidate. However, Kim may still choose another successor. The NIS also noted Kim's health issues, including high blood pressure and diabetes. North Korea has launched 48 missiles this year and increased military cooperation with Russia. Lee Haye-ah, Yonhap News Agency, July 30
Move Forward undeterred as court ruling looms. Thailand’s Move Forward Party remains resolute despite an impending Constitutional Court ruling that could dissolve it. The court is set to decide on the legality of the party's attempt to amend Section 112 of the Criminal Code, known as the lese majeste law, which criminalizes defamation against the monarchy. The party, led by Pita Limjaroenrat, continues its political activities and maintains public support, advocating for democratic reforms and transparency in governance. Aekarach Sattaburuth, Bangkok Post, July 30
Taiwan president urges democracies to unite at largest-ever gathering of foreign lawmakers in Taipei. Taiwanese President Lai Ching-te welcomed the largest-ever delegation of foreign lawmakers to Taiwan, emphasizing the need for democracies to unite against authoritarian threats. Speaking at the Inter-Parliamentary Alliance on China (IPAC) conference, Lai highlighted Taiwan's role in maintaining regional peace and democracy. He criticized China's coercive tactics and stressed the importance of international support for Taiwan. Despite pressure from Beijing, the event saw increased participation from lawmakers worldwide. Dake Kang, AP News, July 30
Hong Kong investors eye opportunities in Laos with 12 new agreements. A high-level Hong Kong delegation led by Chief Executive John Lee visited Vientiane, Laos, and signed 12 agreements to boost bilateral trade and investment. The agreements span various sectors, including finance, fintech, transport, logistics, and education. Key visits included the Vientiane Saysettha Development Zone and Vientiane Railway Station. The trip aims to strengthen economic and cultural ties and align with regional cooperation efforts like the Belt and Road Initiative. Kheuakham Chanlivong, The Laotian Times, July 30
Pro-Moscow lawmaker Muneo Suzuki visits Russia again. Independent Upper House lawmaker Muneo Suzuki has visited Moscow for the second time in a year, defying the Japanese government. Suzuki met with Andrei Yakovlev of the Russian fisheries agency to discuss allowing Japanese fishing fleets to harvest konbu near the Habomai islets. He also planned to meet with Russian Deputy Foreign Minister Mikhail Galuzin to discuss ancestral grave visits for former residents of Russian-held islands claimed by Japan. Eric Johnston, The Japan Times, July 30
PM under mounting pressure. Thai Prime Minister Srettha Thavisin is facing intense scrutiny following his decision to appoint Pichit Chuenban, a former convict, as a cabinet minister. Pichit, convicted in 2008 for contempt of court, resigned shortly before the Constitutional Court accepted a petition demanding Srettha's dismissal. The petition, submitted by a group of 40 former senators, calls for Srettha's removal over his controversial appointments. The court's ruling is expected on August 14. Chairith Yonpiam, Bangkok Post, July 30
Russia ambassador discusses economic ties with Myanmar junta deputy. Russian Ambassador Nikolay Listopadov met with Myanmar junta Deputy Prime Minister and Defense Minister Soe Win to enhance bilateral economic relations. Discussions included cooperation in energy, agriculture, and infrastructure, highlighting mutual interests amid Western sanctions. The meeting, held in Naypyidaw, is part of Russia's strategic move to strengthen ties with Myanmar's military government, which took power in a coup in February 2021. The talks also emphasized continued collaboration despite international criticism of Myanmar's regime. The Irrawaddy, July 30
201 government data incidents in 2023, 10% increase from previous year. Singapore recorded 201 data incidents within government agencies in 2023, a 10% rise from the previous year. The incidents were mainly due to unauthorized disclosures and human errors, with most cases involving low-sensitivity data. The Smart Nation and Digital Government Office (SNDGO) attributed the increase to better reporting mechanisms and heightened awareness. Measures to strengthen data protection include enhanced training for public officers and improved incident response protocols. Channel News Asia, July 30
Tajik leader meets Iran’s new president-elect in Tehran to discuss cooperation. On July 30, Tajikistan President Emomali Rahmon met with Iran’s President-elect Masoud Pezeshkian in Tehran to discuss enhancing bilateral cooperation. They addressed political, economic, health, science, education, and cultural sectors, and emphasized the importance of the Joint Intergovernmental Commission for Trade and Economic Cooperation. They also discussed expanding ties in water, energy, oil, and gas sectors, and utilizing Iran’s ports for Tajik goods. They highlighted the recent visa regime abolition for mutual travel as a positive step for tourism and bilateral relations. Asia-Plus, July 30
Marcos: PH-US engagements to ensure 'agile' responses to China sea row. President Ferdinand Marcos Jr. emphasized that continuous engagements between the Philippines and the United States will ensure swift responses to maritime disputes with China in the West Philippine Sea. During visits from U.S. Defense Secretary Lloyd Austin and Secretary of State Antony Blinken, Marcos highlighted the importance of the alliance amid the "interesting political situation" in the US. These engagements aim to strengthen defense and diplomatic cooperation. Catherine S. Valente, The Manila Times, July 30
Yoon touts Czech project as 'bridgehead' for expansion into global nuclear market. President Yoon Suk Yeol praised the selection of a South Korean consortium to build two nuclear reactors in the Czech Republic, a project valued at 24 trillion won (US$17.3 billion). During a Cabinet meeting, Yoon emphasized this as a crucial step for South Korea's entry into the global nuclear energy market. He plans to visit the Czech Republic to discuss further cooperation. Yoon also highlighted support for the nuclear industry and retail investors. Lee Haye-ah, Yonhap News Agency, July 30
Long Form
Why is Market Unimpressed by 3rd Plenum? The market reacted negatively to China's 3rd Plenum, with the Shanghai Composite Index falling below 2900. Despite positive potential effects, issues such as poor communication of goals, lack of prioritization, and internal conflicts have led to uncertainty. Rumors about delayed retirement and scattered highlights have contributed to the muted market response. Economic challenges and a defensive market stance further dampen optimism. Robert Wu and Bob Chen,
, July 30A Transformation in US-Japan Defense Cooperation. The US and Japan have announced significant changes to their defense cooperation, including upgrading US Forces Japan (USFJ) to a Joint Force Command with expanded operational authority. This aims to improve the bilateral defense relationship and deepen cooperation with other allies like South Korea and Australia. The upgrade requires clear implementation, particularly amidst potential political changes in the US. Japan also needs to expedite the establishment of its Joint Operations Command to ensure effectiveness. Yuki Tatsumi, Stimson Center, July 29
How Taiwan and South Korea See Democrats, Republicans, and America. Surveys conducted in Taiwan and South Korea reveal that both nations currently favor Biden over Trump, reflecting a shift from previous preferences. In Taiwan, support for Biden stems from his administration's strong stance against China. In South Korea, Biden is preferred by a significant margin. Both countries see the US as a crucial ally for economic and geopolitical stability, despite mixed feelings about American trustworthiness. Lev Nachman, Hannah June Kim, Wei-Ting Yen, Brookings, July 30
Paperless Trade Powers Developing Countries' Access to Global Supply Chains. Paperless trade significantly enhances the efficiency and cost-effectiveness of international trade transactions for developing countries, helping them integrate into global supply chains. The adoption of digital trade practices reduces paperwork and streamlines processes, which lowers costs and improves trade flow. Challenges remain, such as the need for common international standards, harmonized legal frameworks, and robust coordination mechanisms. Successful examples from the Asia-Pacific region demonstrate the potential benefits of these initiatives. Kati Suominen, East Asia Forum, July 30
Myanmar Remains Off the International Legal Agenda. Despite ongoing violence and political instability in Myanmar, the international community has not prioritized legal actions against the ruling military junta. ASEAN has struggled to enforce the Five-Point Consensus agreed upon with Myanmar, largely due to internal divisions and differing approaches among member states. China continues to support the junta, complicating diplomatic efforts. The conflict has devastated Myanmar's economy and social fabric, with no immediate resolution in sight. ASEAN is encouraged to use its economic leverage more effectively to push for dialogue and reforms. Alison McCook, East Asia Forum, July 30
The Threat From Overseas Chinese Military Bases Is Overblown. U.S. policymakers consider Chinese overseas military bases a significant threat, but Chinese military strategists view these bases primarily for non-offensive purposes, such as evacuation operations and sea lane patrols. The PLA is aware of the vulnerabilities of overseas bases and lacks the intent and capability for offensive operations against the U.S. through at least 2030. The U.S. should focus on competition-phase challenges and monitor potential changes in Chinese capabilities. Nathan Beauchamp-Mustafaga and Howard Wang, The Diplomat, July 30
China’s Third Plenum Wants to Raise Household Income. That’s Good News for the US. China's Third Plenum aims to increase household disposable income, potentially boosting domestic consumption and balancing trade with the US. This reform could alleviate China's overcapacity, expand the middle class, and reduce political tensions between the two countries. However, demographic challenges and political control may hinder achieving these goals. Fuxian Yi, The Diplomat, July 31
How Kim Jong Un’s First Economic Strategy Illuminates His Goals for Russia Ties. Kim Jong Un's initial five-year economic strategy aimed to substantially increase trade with Russia. The recent summit between Kim and Vladimir Putin resulted in a new treaty that includes mutual defense obligations and economic cooperation. This strategy highlights North Korea's focus on deepening economic ties with Russia, seeking to leverage this relationship to bolster its economic stability and international standing. Peter Ward, NK News, July 31
Liquidity Crisis Prompts $404 Million in Government Aid for South Korean SMEs. South Korea's government has announced a $404 million aid package to support small and medium-sized enterprises (SMEs) affected by unpaid sales from e-commerce platforms Wemakeprice and TMON. This intervention aims to resolve immediate liquidity issues impacting around 60,000 sellers but carries risks like inadequate regulatory oversight and long-term financial instability, seeking to restore consumer trust in the e-commerce sector while stabilizing the affected businesses. John Lee, Korea Pro, July 30
ASEAN’s Unity Under the Microscope. The 57th ASEAN Foreign Ministers' Meeting highlighted challenges in maintaining unity amid geopolitical tensions. Laos, as the 2024 chair, navigates issues like Myanmar's conflict, South China Sea disputes, and global crises. Divisions within ASEAN over handling Myanmar and balancing relations with major powers like China and the US complicate efforts. Internal cohesion remains critical for ASEAN's relevance and strategic role in regional affairs. Joanne Lin and Sharon Seah, Fulcrum, July 30
Tackling the Threat of Salafism Within: Muhammadiyah Leaders Need to Be Bolder. Muhammadiyah, Indonesia’s second-largest Islamic organization, faces challenges from Salafi elements within its ranks. The rise of Salafi activists threatens Muhammadiyah's modernizing efforts and doctrinal integrity. Leaders are urged to promote moderate values, inclusivity, and openness, emphasizing Muhammadiyah’s distinctiveness to counter Salafism effectively. Strengthening local leadership and educating members on Muhammadiyah’s contextual approach to Islam are critical for addressing this internal threat. Pradana Boy Zulian, Fulcrum, July 30