Diplomatic initiatives presage reduction of regional tensions in East Asia
Tokyo
A SUDDEN flurry of diplomatic activity involving Japan, China and South Korea - brokered, apparently, in part by the United States - has strengthened the prospect of a trilateral summit being held among leaders of the three East Asian powers as early as next month, despite ongoing regional tensions.
Japan appears to be the prime mover in these initiatives as Prime Minister Shinzo Abe seeks to defuse controversy caused by new security laws which his Liberal Democratic Party (LDP) has pushed through Japan's Parliament, enabling greater Japanese military force projection overseas.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons