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27 May 2016 Author: Anthony V. Rinna, Sino-NK On 16 May 2016 Russia’s Deputy Prime Minister and Presidential Envoy to the Far Eastern district, Yury Trutnev, met with officials from Japanese and Russian energy and metallurgical companies. The meeting followed a summit between Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin to discuss enhancing bilateral ties. As Russia sees OPEC’s ability to influence markets diminishing , it will likely push ahead in presenting itself as a major alternative supplier of oil. Cooperation between Japan and Russia on energy provides important mutual benefits. For Russia, the Japanese market diminishes the risk of Russian overdependence on the Chinese market. For Japan, Russian energy decreases Japanese dependence on the Middle East. This is crucial for Japan not only due to the volatility of the Middle East, but also because of rising tensions in the South China Sea. For all energy exporting

Responding to Sri Lanka’s economic crisis 27 May 2016 Author: Iromi Dharmawardhane, ISAS Sri Lanka’s balance of payments is in dire straits. The country’s mounting foreign and domestic public debt, a huge fiscal deficit and a severe foreign exchange shortfall have led to potentially calamitous economic circumstances. Sri Lanka has not yet secured the means to meet its upcoming foreign loan repayments — US$4.5 billion is due over the next year, to be followed by another US$4 billion in the subsequent year. Credit rating agencies Fitch and Standard and Poor’s downgraded Sri Lanka’s international sovereign rating in early 2016 in light of its rising fiscal deficit and foreign debt — the highest among Asia’s emerging markets — compounded by sluggish growth prospects. While excessive public debt has been accruing over generations, the debt trap that the country is experiencing today is principally due to non-concessional commercial loans taken out between 2009 and 2014 by the pr

Liu Jianqiang 27.05.2016 To mark the 2016 China Environmental Press Awards,  Liu Jianqiang explains why supporting investigative reporters is more important than ever chinadialogue's former editor Liu Jianqiang addresses last year's China Environmental Press Awards It’s a common view that standards in mainstream Chinese journalism have been deteriorating for some time now.  But when disaster strikes – for example, as in the Tianijn explosions – it is not just firefighters rushing towards the scene. Journalists follow close behind. The public know that their most reliable source of information during these fast moving events are the reports filed from the scene by professional reporters. China’s news industry has seen huge changes in the past several years, and even the most optimistic of observers admit these have not been for the better. Commercial and political challenges have hindered traditional media doing its job. And “trad

26 May 2016 Author: Christian Wirth, Tohoku University At the end of this month President Obama will become the first sitting US president to visit Hiroshima . The momentous visit is planned around Obama’s trip to nearby Ise-Shima for the G7 Summit. In light of the United States’ consistent pressure on Tokyo and Seoul to bury their own historical debate over the so-called ‘comfort women’ , as well as Obama’s initiative to abolish the use of nuclear weapons, this visit is long overdue. The initial steps towards this visit began back in September 2008, when Nancy Pelosi went to Hiroshima in her role as Speaker of the House of Representatives. In August 2010, then US Ambassador to Japan John Roos made the first official visit by a US government representative. And, in April 2016, Secretary of State John Kerry became the highest ranking US government representative to visit when he attended the Hiroshima Peace Memorial Park on the sidelines of the G7 Foreig

Feng Hao 24.05.2016 Online businesses could regenerate China’s rural economy and slow the drift to cities, writes Feng Hao Liu Dongdong, one of China's new rural e-commerce entrepreneurs, is pictured with boxes of red dates   The province of Shanxi, in northern China, is famous for coal mining and the industry’s impact is etched across the landscape. But the province’s southern counties, which lie near the Yellow River, are known for a very different commodity - red dates. In 2015, a slump in the market for red dates (known in Chinese as jujubes ) became big news in China. In Yonghe County , over 40 million jin (20,000 tonnes) of dates were harvested, but only half were sold around Chinese New Year, the county’s busiest shopping period. Upon hearing the news, Liu Dongdong, a Yonghe native and then university graduate working at a building and decorating firm in the provincial capital of Taiyuan , thought of Taobao , China’s eBay with ar

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