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Far Eastern Economic Review / Essays


The purpose of this weekly economic publication is to analyze and interpret financial, commercial and industrial developments; to collect economic news; and to present views and opinions with the intent to improve existing conditions.

Beijing Plays Air Quality Games
12 08 2008 In 1998, the air quality in Beijing was ranked the third worst in the world for a metropolitan area, and a self-declared war on air pollution was launched in the city. Based on reported improvements in air quality and a commitment to hold a “green” Olympics, Beijing was awarded the 2008 games in July of 2001. Today, the Chinese government has claimed nine continuous years of air-quality improvements, but in reality, pollution levels have not decreased at all. Instead, China has cleverly hidden its inability to reduce pollution. And while emergency measures may help cover up years of inaction during the Olympics, China’s dissembling about its environmental crisis is helping no one.
Posted July 4, 2008

Chinese Arms Cost American Lives
12 08 2008 For over a year, U.S. officials have been complaining to their Chinese counterparts about the shipment of Chinese-made or Chinese coproduced weapons to Iraqi insurgents and to the Taliban in Afghanistan, largely via Iran. The requests to stop the flow of arms into the hands of insurgents who are killing U.S. and coalition troops has fallen on deaf ears. Far more than just the latest irritant in U.S.-China relations, Beijing’s arming of these insurgencies fits into the long-term trend dating back to the Korean and Vietnam Wars of using proxy conflicts to bleed the American superpower.
Posted July 4, 2008

Japan Accepts its ‘Middle-Power’ Fate
12 08 2008 On June 18, the Japanese and Chinese governments announced that they had reached a limited agreement providing for joint development of the Shirakaba/Chungxiao gas field in the East China Sea, a first step to solving one of the trickiest problems dogging the Sino-Japanese relationship. Two weeks earlier, Tokyo announced that Beijing had requested Japanese aid for earthquake-stricken Sichuan Province, and did not exclude the possibility that the aid could be delivered by Japanese Air Self-Defense Forces (ASDF) transportation aircraft. Although the Japanese government ultimately sent the aid on civilian aircraft�'in no small part because China asked Japan to reconsider in response to public opposition to Japanese military aircraft flying in Chinese skies�'the request showed the extent to which the damage to the relationship incurred during the tenure of former Japanese Prime Minister Junichiro Koizumi has been repaired.
Posted July 4, 2008

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