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Asia Blog

Flourishing Shadow Banking Poses Risks to China and India's Stability

Regulators fear that the amount of money put in private banking in China is creating systemic risks. (omefrans/Flickr)
Business

Asia Society Associate Fellow Sheridan Prasso explains how off-the-books private lending is creating systemic risks in these two growing economies.

13 Predictions for Asia in 2013

North Korean performers sit beneath a screen showing images of leader Kim Jong-Un at a theatre in Pyongyang, North Korea on April 16, 2012. (Ed Jones/AFP/Getty Images)
Lifestyle

Asia Society Executive Vice President Tom Nagorski offers his predictions on Asia for the year to come — but he'd "be surprised if any of them came true."

Photo of the Day: An Act of Devotion in the Philippines

A buddhist monk takes a moment to pray in a monastery in Manila, the Philippines on November 18, 2012. (Andy*Enero/Flickr)
Multimedia

A buddhist monk takes a moment to pray in a monastery in Manila, the Philippines on November 18, 2012. (Andy*Enero/Flickr)

South Korea's New President May Be Female, But She is No Women's Rights Crusader

South Korea's president-elect Park Geun-Hye waves to supporters as she arrives to deliver a victory speech on a stage in the centre of Seoul on December 19, 2012. (Jung Yeon-Je/AFP/Getty Images)
Policy

As Park Geun-hye becomes the latest Asian female head of state, Vishakha Desai wonders what, if anything, this means for women's issues in the region.

Karachi's 'Lost Jews,' Onstage, Raise Troubling Parallels With Today's Pakistan

Jewish community of Karachi, Pakistan, outside the Karachi synagogue, early in the 20th century. (imgur.com)
Lifestyle

As a student play evokes Pakistan's long-departed Jewish community, it's time to ask whether persecution will force other religious minorities to go the way of the country's Jews.

Wasserstrom: The Five New China Books I'm Most Excited About in 2013

Two of the books Jeffrey Wasserstrom is anticipating in 2013:
Policy

Get a jump on your reading as China expert Jeffrey Wasserstrom lists the five forthcoming books on China he most looks forward to in 2013.

Milestone for South Korea: Nation Elects Park Geun-hye, First Female President [UPDATED]

Park Geun-hye on the cover of Time magazine on December 17, 2012, two days before being elected as South Korea's first female president. (Hein-Kuhn Oh/Time)
Multimedia

Earlier today South Korea elected a new president, Park Geun-hye, the nation's first female president and the daughter of its longest-ruling dictator, Park Chung-hee. Asia Society surveys reactions to the news.

Photo of the Day: Majestic Mountains in Tajikistan

A panoramic view of the Fann Mountains of northwest Tajikistan on September 24, 2012. (erh1103/Flickr)
Multimedia

A panoramic view of the Fann Mountains of northwest Tajikistan on September 24, 2012. (erh1103/Flickr)

International Migrants Day: Time to Commit to a Pro-Migrant Future

Migrant workers in Hong Kong, many of them from the Philippines and Indonesia, regularly congregate on city sidewalks. (KC Wong/Flickr)
Policy

For the wealthiest nations of the world, with the resources to act with foresight, now is the time to move away from divisive and often ilinformed biases toward migration challenges, writes Andrew Billo.

Unlikely Harvest: An Arts Festival in Rural China Beats the Odds

A string of LED lights designed for the Harvestival by Taiwanese architect Teng Hai lit the alleyways of Bishan, providing the village with its first street light. The light remained on for three days before it was ordered turned off. (Leah Thompson)
Arts

An innovative photography festival comes to rural Anhui province in China — until the local authorities have other ideas. Can the show still go on?