ASIANOMICS

🇨🇳 🇵🇭 China Sets South China Sea Drill China will conduct five days of live-fire exercises in the northern South China Sea from Monday to Friday, with a daily exclusion window from 8:00 a.m. to 6:00 p.m., according to a navigational warning issued by the Zhanjiang Maritime Safety Administration . The restricted are…

🇰🇵 🇷🇺 🇰🇷 No New DPRK Troop Movement Detected South Korea’s military said it has found no signs of an imminent additional North Korean troop deployment to Russia , according to a Defense Intelligence Agency report cited by a lawmaker on Aug. 23 in Seoul . The assessment, reported by Yonhap , said Pyongyang is stil…

🇧🇷 🇺🇸 Brazil Draws Rare Earth Rush Brazil is emerging as a major target for U.S. and other foreign rare earth investors as exploration applications surged across the country, according to an AP and Reporter Brasil review of mining records. Brazil holds the world’s second-largest reserves after China, and 42% of its…

🇮🇩 Indonesia Pushes First Nuclear Plant Indonesia is advancing plans for its first nuclear power plant on an uninhabited island in West Kalimantan , a proposal that has triggered safety concerns in a country exposed to frequent earthquakes and volcanic activity. The South China Morning Post reported that the project …

🇨🇳 China Urges APEC Trade Barrier Cuts China called on APEC economies to step up efforts to remove trade barriers and address cross-border trade bottlenecks at the APEC Customs Procedures Sub-Committee’s second plenary meeting in Dalian on August 22. At the meeting, China’s customs vice minister Zhang Baofeng urged m…