Weekly News 26/9 - 3/10



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- (Washington Post 24/9A power shift in Asia: Washington is obsessed with decline: the upshot of the worst economy since the Great Depression, the prospect of massive defense cuts that could signal the end of the American military’s imperial-like reach, the collapse of Arab regimes with which the Pentagon and CIA closely cooperated. But nothing of late quite captures what is going on in terms of a global power shift as much as the U.S. refusal to sell Taiwan new F-16 fighter jets.
- (dnaindia 25/9Lets patch up, China tells Vietnam: Stepping up diplomatic contacts with Vietnam in the backdrop of its row with India over ONGC's oil exploration bid in Vietnamese blocks in South China Sea, China proposed to Hanoi to "patch up differences" saying the bilateral ties have a "brilliant prospect".
- (Times of India 25/9Rs 3L cr plan to boost India's naval might: Jostling for the same strategic space with China in the Indian Ocean and beyond, with the oil exploration stand-off in South China Sea being just the latest indicator, India is slowly but surely building a Navy for the future.
- (Asiaone 25/9Philippines' Aquino arrives in Japan: Philippine President Benigno Aquino on Sunday arrived in Tokyo, where he is expected to raise territorial disputes with China during a meeting with Japan's new prime minister.
- (Economic Times 25/9ONGC's South China Sea oil exploration: India put directly into conflict between China and Vietnam: Last week, one day after a Chinese foreign ministry spokesperson said his government was "opposed to any country engaging in oil exploration in waters under China's jurisdiction" , an editorial in 'Global Times' , a mouthpiece of the Communist Party of China, warned India of "serious political provocation" that would "push China to the limit"; Navy driving China's military expansion: China's navy is playing an important role in the country's drive to become a world military power, with the recent trials of its first aircraft carrier underlining the scale of Beijing's naval ambitions; India, China to hold maiden strategic economic dialogue: India and China, the world's fastest-growing economies, will hold their first strategic economic dialogue in Beijing Monday that seeks to address widening trade deficit and explore new areas of cooperation.

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