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Crisis-Hit China is Right to Avoid Japan’s Failed Example

TOKYO — As economists weigh the odds of China becoming Japan, many are drawing the wrong lessons from Tokyo’s lost decades. The common misconception about the deflationary funk that relegated Japan to No 2 in Asia is that the central bank was too conservative in efforts to revive growth...

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Russian-Chinese Warship Group Pulls into Qingdao

A joint Russian-People’s Liberation Army navy warship group docked at Qingdao, China on Monday. Meanwhile, the Philippines carried out a successful resupply of its outpost in the disputed Spratly Islands on Tuesday. On Monday, a joint flotilla comprised of Russian Navy destroyers...

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Navy Relieves Skipper of Japan-Based Destroyer USS Howard

The Navy has fired the commanding officer of the Japan-based destroyer USS Howard, according to a statement released Sunday. “Cmdr. Kenji Igawa was relieved of command Aug. 19, 2023, by Vice Adm. Karl Thomas, commander, U.S. 7th Fleet, due to loss of confidence in his...

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