U.S. Defense Secretary Lloyd Austin said Thursday the United States is not seeking a permanent military base in Papua New Guinea. The two countries signed a security agreement this year allowing the United States to develop and operate out of seaports and airports in Papua New Guinea. Speaking during a joint news conference with the country’s prime minister, James Marape, Austin said the goal is to strengthen Papua New Guinea’s ability to protect itself and defend its interests. “I want to reiterate our commitment to your country’s sovereignty and autonomy”…
Day: July 26, 2023
Why South Korea needs China even as it teams up with US on chips and more
Widening gaps in economic power and a shifting international industrial landscape were among the “largest” catalysts for the growing discord between the three countries, analysts said. Ties are likely to become even more fraught when China moves further up global value chains and challenges the status of Japan and South Korea, they said. 03:36 China restricts critical metal exports following Western semiconductor curbs in latest trade war As China rapidly upgraded its hi-tech sector, Chinese market share and profits for Japanese and South Korean products began to decline, Zhu Feng,…
Blinken Says Door Open for New Zealand ‘to Engage’ in AUKUS Pact
WELLINGTON, NEW ZEALAND – U.S. Secretary of State Antony Blinken on Thursday raised the possibility of New Zealand and other nations taking part in the AUKUS defense pact, cooperation that could rile Wellington’s key trade partner China. “The door’s very much open for New Zealand and other partners to engage as they see appropriate going forward,” Blinken said, as Wellington mulls cooperation on non-nuclear aspects of the joint Australia-U.K.-U.S. accord. New Zealand Prime Minister Chris Hipkins on Wednesday said New Zealand was “open to conversations” about a possible role in…
HP to move production of millions of computers to Thailand and Mexico
Receive free Supply chains updates We’ll send you a myFT Daily Digest email rounding up the latest Supply chains news every morning. HP is working with suppliers to shift production of millions of consumer and commercial laptops to Thailand and Mexico this year, in the top US computer maker’s first substantial move to diversify its personal computer supply chain beyond China. The world’s second-biggest PC maker by shipments after China’s Lenovo, HP is planning to shift some commercial notebook computer production to Mexico, while a portion of its consumer laptop…
North Korea’s Kim Meets Russian Defense Minister
seoul — North Korean leader Kim Jong Un met with Russia’s Defense Minister Sergei Shoigu on Wednesday. Shoigu was on a rare visit to the isolated country during which both sides pledged to boost ties, state media KCNA reported. Shoigu handed Kim a letter from Russian President Vladimir Putin, the report said. Kim in turn thanked Putin for sending a military delegation led by Shoigu, adding the meeting deepened the “strategic and traditional DPRK [North Korea]-Russia relations.” The Russian delegation and a Chinese delegation including Chinese Communist Party Politburo member…
Experts: Austin’s Papua New Guinea Visit Spotlights Defense Pact
WASHINGTON – U.S. Secretary of Defense Lloyd Austin’s visit to Papua New Guinea will focus, in part, on detailed discussion establishing a U.S. military presence in the country, according to experts. Underpinning the establishment of a U.S. military presence in PNG is the Defense Cooperation Agreement the two countries signed in May. The Defense Cooperation Agreement “will form the foundational framework for the two countries to enhance bilateral security cooperation” and “improve the capacity of the Papua New Guinea Defense Force,” said a statement released by the Pentagon on Tuesday.…
China Names Pan Gongsheng to Lead Central Bank
beijing — Pan Gongsheng was named China’s central bank governor Tuesday in the widely anticipated final major appointment of the ruling Communist Party’s once-a-decade change of power. Pan, a deputy central bank governor and veteran of China’s state-owned banking industry, succeeds Yi Gang, an American-trained economist who held the post for five years. The endorsement of Pan’s promotion by the ceremonial legislature, the National People’s Congress, followed other Cabinet-level appointments announced in March. The governor of the People’s Bank of China is the most prominent Chinese figure in finance circles,…
What Reporting From Pyongyang Taught US Journalist About North Korea
washington — When Jean Lee walks into a room, the first place she will often look is up at the corners. It’s a habit the journalist picked up in North Korea, when she was always on the lookout for listening devices. Now based in Washington, Lee hasn’t reported regularly from North Korea for years. But old habits die hard. “I had such an incredible opportunity to learn the mechanism of surveillance and also self-protection in North Korea,” she told VOA. “After I left North Korea, it took a very long…
China’s Sharp-Tongued Foreign Minister Gone, but His Style Seen Continuing
beijing — China’s sharp-tongued foreign minister, Qin Gang, was something of an avatar for President Xi Jinping, warning of “conflict and confrontation” with the U.S., the stakes of which could be the “future of humanity.” Now, Qin has been dismissed from office in the biggest political tumult to strike China in a decade. Qin’s departure was announced Tuesday after his monthlong disappearance from public view, sparking rumors of personal scandals or friction within the top Chinese Communist Party echelons. He was absent from key meetings as the U.S. sent Secretary…
Democrats question proposed part of AUKUS deal
A key part of the AUKUS security pact aiming to create a “seamless” defense industry across Australia, the United Kingdom and the United States appears at risk after congressional Democrats raised doubts about Canberra’s ability to protect U.S. military designs from China. The concerns were raised during a session of the House Foreign Affairs Committee on Wednesday, just days before U.S. Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin arrive in Brisbane, Australia, for talks with their Australian counterparts. Democrats including Rep. Gregory Meeks of New York,…