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US analysts urge Washington to pay attention to ECFA

While the Economic Cooperation Framework Agreement (ECFA) will have modest global economic effects, the geo-economic implications are significant enough to demand strategic attention from the US, two US international economists said in a recent study.

Daniel Rosen and Zhi Wang of the Washington-based Peterson Institute for International Economics wrote that the ECFA underscores the importance of securing US economic engagement of the first order in Asia.

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US may be considering Asia-Pacific policy shift

Former US deputy assistant secretary of state for East Asia Randy Schriver said that US President Barack Obama’s administration may be “on the verge” of changing its policies toward Taiwan and the Asia-Pacific region as a whole.

While not spelling out the possible change in detail, Schriver strongly hinted that it could result in a Taiwan arms sale freeze.

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Newsflash

Widespread resentment from local Tibetans resulted in the cancellation of a long-planned trip by Gyaltsen (Ch. Gyaincain) Norbu, the China appointed 11th Panchen Lama to the Amdo region of Tibet this month, reports confirm.

Threats of pay-cuts and extermination from jobs failed to deter local Tibetan officials from complying with Chinese government decree to prepare a grand welcome for the 21-year old Gyaltsen Norbu.

“Fake” Panchen, a term popularly used to describe the boy handpicked by the Chinese government was scheduled to visit the Labrang monastery in Sangchu county amidst tight security. Over a thousand Chinese police and security forces, including plainclothes police, were reportedly stationed around the monastery as preparatory measures.