Japan, U.S. Policy »

[13 October 2009, Comments Off on Japan’s “East Asian Community” and Its Impact on America’s Interests, Tags: , , , , , , , , , ]

Today’s excellent Foreign Policy article by Dan Sneider and Richard Katz attempts to make sense of Japanese PM Hatoyama’s concept of an “East Asian Community.” This is an article well worth reading. The main argument: just because Japan is looking more towards Asia does not mean that Japan is distancing itself from the United States. Indeed, the U.S. has encouraged Japan to take on a more assertive regional profile in the past. The region is changing, and it is to be expected that the U.S.-Japan alliance will need to change as well.

But Sneider is overly dismissive of some important trends that do materially affect U.S. interests.

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U.S. Policy »

Why the U.S. Must Engage ASEAN on Trade

Dick Lugar, Republican U.S. senator from Indiana, announced today that he will introduce legislation next week to ask the Obama administration to pursue free trade negotiations with ASEAN. This is good news, though the chances of successfully changing administration policy on trade are dim.

In my view, opening up trade with ASEAN is important for at least three reasons:
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Miscellaneous, U.S. Policy »

The value of the dollar has taken a hit as rumors spread that oil producers are exploring a scheme to price oil in a basket of currencies instead of the U.S. dollar. (The Wall Street Journal subsequently reported that Gulf officials “strongly denied” the rumors.)

This week’s news follows a year in which more and more banks and foreign governments have voiced concern that the U.S. dollar will weaken in the coming years. This has been discussed most openly in Asia, where China and Japan’s massive foreign exchange reserves are at risk.

But should demand for the dollar fall significantly, it is the United States that would suffer most. The U.S. could face a crippling debt crisis unlike any previous economic crisis we have faced in the last two centuries.

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Uncategorized »

[27 September 2009, Comments Off on Ruminating on Asia Ruminations, Tags: , ]

Welcome to Asia Ruminations. I am a research associate at a foreign policy think tank in Washington, DC, where I spend a great deal of time contemplating the future of Asia and Asia’s future global role. My goal with this blog is to write periodically both on pressing current events and on long-term regional trends.

Learn more about me here. You can also email me.

China, Miscellaneous, Publications, U.S. Policy »

[9 January 2008, Comments Off on Why China Doesn’t Want a Nuclear North Korea, Tags: , , , , , , ]

Date: 9 January 2008.

Publication: Far Eastern Economic Review.

Author: Daniel Michaeli.

North Korea’s nuclear program is a danger not only to the United States, but also to China. A proliferation crisis, particularly in the Middle East, would carry consequences compromising the delicately balanced domestic economic and social stability that China’s leaders strive to maintain. In order to preserve its own interests, China must prevent such a crisis from occurring.

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China, Publications, U.S. Policy »

Dates: 28-29 April 2006.

Keynotes: Christopher R. Hill, U.S. Assistant Secretary of State for East Asian and Pacific Affairs; Peter W. Rodman, U.S. Assistant Secretary of Defense for International Security Affairs; and Wang Guangya, Ambassador of the People’s Republic of China to the United Nations.

Panels: Politics and Society in China; China, the United States, and the World; U.S. Business and Government – Responding to the China Challenge; and China’s Future in the Age of Globalization.

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China, Publications »

[10 April 2006, Comments Off on The University Must Adapt to China’s Rise, Tags: , , , ]

Date: 10 April 2006.

Publication: The Chicago Maroon.

Author: Daniel Michaeli.

Remember this year’s protests against Japan? “China will go to war with Japan within the next two decades,” a young Chinese graphic designer told me confidently over dinner in Beijing this summer. “China is rising–and soon we will become as powerful as the United States.” This comment provoked a great deal of discussion and disagreement among that evening’s guests; whether Chinas rise will be peaceful remains a hotly disputed topic not only in the United States but in China as well. Yet no one at the table even thought to dispute Chinas status as a rising power.

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