China should rethink its approach to the Philippines in favour of de-escalation and genuinely mutually beneficial agreements. Meanwhile, the Philippines should maintain robust communication with China, avoid getting dragged into a US-led ‘Asian Nato’ and engage with Asean for stability.
China, Japan and South Korea will convene a long-delayed summit despite differences on global conflicts and the unlikelihood of fruitful trade talks. All three countries share a desire to stabilise the region, especially given potential uncertainties stemming from the coming US presidential election.
A comedy festival in New York encouraged Asians to gather, vent and celebrate, after hate incidents increased during the pandemic. To the festival’s 50 or so comics, making irreverent light of sensitive topics is a way of coming to terms with everyday indignities.
Concerns about an Asian currency war and what it would mean for the world economy have been underpinned by a strong US dollar. Some economies may choose to intervene in currency markets, but the big question is whether China will devalue the yuan or proceed with caution