TOKYO—Japan’s Cabinet approved a record 5.4 trillion yen ($47 billion) defense budget for fiscal 2022 on Friday that includes funding for research and development of a new fighter jet and other “game-changing” weapons as Japan bolsters its defense capabilities in response to China’s growing military might and its tensions with Taiwan. The 1.1 percent budget…
Japan Cabinet OKs Record Defense Budget Amid Taiwan Concerns
December 24, 2021
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Asia & PacificChinaChinese RegimeconcernDefense budgetInternational RelationsJapanmilitaryTaiwanWorld
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Fidelity, Morgan Stanley Prepare for Continued COVID-19 Concerns
BOSTON/NEW YORK—Asset management firm Fidelity Investments on Monday said it had paused some voluntary return-to-office plans while Morgan Stanley’s CEO said he expects COVID-19 to be an issue through the next year, in a further sign that America’s financial industry is rethinking its return to “business as usual.” U.S. financial firms have been more proactive…
US, EU to Deepen Ties Countering ‘Growing List’ of Beijing’s Concerning Behaviors
December 3, 2021
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ChinaconcernEUEuropeEurope-China RelationsGlobal ExpansionInternationalInternational RelationsPolicies & ImpactsSpecial TopicsThreat from Communist ChinaUSUS NewsUS-China relationsWendy ShermanWorld
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The United States and European Union (EU) discussed a “growing list” of Beijing’s concerning behaviors during a new round of diplomatic talks on China. The two sides reiterated the importance of a joint effort to uphold international rules and shared values, while pledging “continuous and close contacts,” according to a joint press release of both…
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