Country: Japan
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China’s $249 Billion 2025 Military Budget: Modernization, Tensions, and Comparisons
On Wednesday, China announced a 7.2% increase in its 2025 national defense and military budget, bringing total military spending to $249 billion. This marks the 10th consecutive year of single-digit growth in defense expenditure, a pattern Beijing maintains is measured ...
Asian Markets Climb on China Fiscal Hopes Against Trump Tariffs
Asian markets climbed on Monday in hopes that China would announce a huge stimulus package to help offset U.S. President Donald Trump's looming tariffs on Chinese goods. Investors were also watching for any last-ditch deals to ward off the levies hitting ...
Japan and Philippines Deepen Defense Partnership Amid Rising Tensions with China
Japan and the Philippines are set to bolster their defense ties. This latest development, announced during a high-profile meeting in Manila on Monday, signals a clear response to mounting regional challenges. On Monday, Japanese Defense Minister Gen Nakatani said that ...
U.S.-Japan South China Sea Statement ‘Attacks and Smears China’: Beijing
Beijing on Monday said a joint statement by the United States and Japan that condemned its "provocative activities" in the contested South China Sea "attacks and smears" China. China claims almost all of the South China Sea, despite an international ruling ...
BYD Tops Singapore’s Car Market in 2024, Surpassing Toyota as EV Sales Surge
BYD (Build Your Dreams) has become Singapore’s top-selling car brand, surpassing Toyota for the first time in 2024. The Chinese electric vehicle (EV) giant registered 6,191 cars, a 337% increase from 2023, when it sold 1,416 cars.
Most Asian Markets Rise After Trump AI Pledge but China Tariff Woes Return
Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared. Software investment giant SoftBank soared ...
BYD Expands Dealership Network and Build $1 Billion EV Factory in Indonesia
BYD, the Chinese electric vehicle (EV) giant, announced plans to expand its dealership network from 35 locations in 20 cities to 80 outlets by the end of 2025. The expansion is seen as it looks to cement its position in ...
Japan PM Urges Trump To Pursue ‘Free and Open’ Pacific
Japanese Prime Minister Shigeru Ishiba on Tuesday congratulated Donald Trump on his return to the White House, urging him to work towards a "free and open" Asia-Pacific region. Japan and the United States, once World War II foes are today key ...
Japan, Philippines Vow To Boost Security Ties Over China Concern
Japan and the Philippines vowed Wednesday to strengthen security cooperation to counter China's actions in key sea trade routes amid speculation incoming U.S. President Donald Trump could scale back security commitments in Asia. Japanese Foreign Minister Takeshi Iwaya met with his ...
China’s Population Decline Hits Third Year, Economic and Global Aspirations at Risk
China’s population has fallen for the third consecutive year, with official government data confirming a drop of 1.39 million people in 2024, bringing the total to 1.408 billion. This ongoing decline underscores mounting demographic challenges for the world’s second-largest economy ...
Biden To Hold Trilateral Call With Japan, Philippines Leaders
U.S. President Joe Biden will have a trilateral telephone call with Japan's Prime Minister Shigeru Ishiba and Philippine President Ferdinand Marcos early Monday, Marcos's spokesman said Sunday. The call was supposed to have been held on Sunday but has been postponed ...
Japan To Give Indonesia High-Speed Patrol Boats in Security Deal
Japan will give Indonesia two high-speed patrol boats, Prime Minister Shigeru Ishiba said Saturday, as Tokyo seeks to boost regional maritime security cooperation in the face of competing territorial claims with China. Ishiba made the pledge during a visit to Jakarta, ...