Plaidcast  |  East Asia-Pacific

Yuan 元 Trumps Yen ¥

Move over Godzilla; the Dragon has risen! It is now official for the Plaid Avenger: China has just surpassed Japan to become the 2nd largest economy on the planet, with a GDP in excess of $5 trillion/year. They still have a ways to go to catch the $14 trillion US economy, but the writing is on the wall! Listen as the Avenger explains why it is obvious that the Chinese economy will continue to explode, and why there is no hope that Japan will ever regain its #2 position…its all about the consumers, baby! Bye-bye Japan….buy, buy, buy for China!

Related Stories:
China Overtakes Japan as World's Second-Biggest Economy
China downplays economic advances
Japan looks for answers as China surges past

Keywords: China, Japan, GDP, economy, Yuan, Yen

Sino Sniping Has International Impacts

Synopsis: US-Chinese relations suddenly seem to be at a recent all-time low. The US arms sale to Taiwan, US President meeting with the Dalai Lama, Google China getting hacked, and US Secretary of State Clinton commenting on human rights in China, have collectively caused the Sino-Giant to super-size its rage against the US machine. But the Plaid Avenger tells you why there’s nothing really to fear from this…it is really just business as usual…and it won’t result in any big changes to the relationship between these two world titans. However, China’s fury will be causing impacts on the international agenda of the US and Team West, namely in regard to Iran, North Korea, and even global warming. Check it out!

Other Plaidcasts mentioned:
02.05.10 - Taiwan’s Tricky Sticky Status

10.06.09 - Diplomatic Dali Diss to Save 6-Party

03.11.09 - Chi Slamma’ Lama

Related Stories:
U.S.-China growing pains
Testing Time for U.S.-China Relations
US-China tensions continue over Google
China Renews Opposition to Iran Sanctions

Keywords: US, China, Taiwan, Tibet, Iran, North Korea, Obama, Dalai Lama, Hilary Clinton, global warming, human rights, Google

Taiwan’s Tricky Sticky Status

Summary: Holy crap! The US is selling $6.4 billion bucks worth of arms to Taiwan….and China is pissed! This must be the beginning of WW3 and the end of the world! NOT. This arms deal, and China’s reaction to it, is a regular occurrence that has been happening for 60 years. The bigger story is why it is happening, and for that we need to understand the Taiwanese/Chinese relationship, and how the US got in the middle of the mess in the first place. The Avenger outlines how Taiwan got into this strange ‘non-state’ status, and how that relates to US/Chinese relations. Time for a Taiwanese tango!

Related Stories:
US arms deal helps deter
US slates China's Taiwan response
China versus Taiwan: How the political standoff may end
Ma Ying-jeou: Creating closer ties (VIDEO!!!)

Keywords: Taiwan, US, China, Ma Ying-jeou, Chen Shui-bian, Chiang Kai-shek, Mao Zedong, Henry Kissinger, Richard Nixon, Taiwan Relations Act

Hatoyama Hijinks Causing Chilly Relations for Uncle Sam

Synopsis: The Plaid Avenger is alerting you to the small rift that is forming between Japan and the US….the two economic titans that have also been extremely tight security/military allies since World War 2. The new center-left Japanese Prime Minister Yukio Hatoyama is quietly been busy courting stronger Asian alliances at the expense of the historically US-centered Japanese foreign policy. This is done mainly to help fix the flailing Japanese economy by expanding Japanese economic ties to Asia…but this change in economic focus also affects the Japanese/US security relationship, which is currently melting down over the issue of the strategically crucial US military bases in Okinawa. The Avenger suggests we are witnessing the beginning of a new era of US/Japanese relations which has repercussions for the entire Pacific Rim.

Related Stories:
Japan Unveils Plan for Growth, Emphasizing Free Trade in Asia
Japan's Hatoyama disappoints on US base delay, budget
Japan Promises India Infusion of Capital, Technology
Diplomatic retooling needed in face of China
Hatoyama, Xi Agree on Need to Deepen Japan-China Strategic Ties

Keywords: Hatoyama, Obama, Japan, US, Okinawa, Asia, China, Xi Jinping, India, Singh, ASEAN

Specifically Pacific President

Summary: US President Barack Obama had a busy month of Asian persuasion in November. He went on his first Asian tour since taking office, meeting with Japanese, Chinese, and Korean leaders, but also stopping off in Singapore to meet with APEC and ASEAN. As soon as he got home, he hosted the Prime Minister of India at the first official White House dinner. All of these moves reflect a serious attitude shift of Obama, the US, and the entire world to the overwhelming importance of Asia in this century….as an historic shift from the Europe/US/Atlantic-centered economy towards a Pacific-centered world is underway. And the US don’t want to get left behind!

Related Stories:
President Obama's trip: Style over substance
US envoy hits out at media for Obama China visit
Obama's Asia trip: In Singapore, a focus on US staying power
The impact of Obama's Asia tour
Singh’s visit to ‘consolidate’ US-India ties

Keywords: Barack Obama, Pacific, Asia, ASEAN, APEC, Yukio Hatoyama, Hu Jintao, Wen Jiabao, Lee Myung-Bak, Manmohan Singh, US, China, Japan

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