2017 Forecast: East Asia


The Russian-Japanese detente will incrementally continue, but the future of Northeast Asia is contingent on what happens with the two Koreas, as this could either lead to the formation of a Regional Quartet or two separate blocs.

SAMURAI DEBT: Japan ratifies "dead" TPP treaty


Japan’s House of Councillors, which wields authority concerning international documents, has ratified the TPP. This means that even if it is not adopted in the upper chamber, then its ratification will still be valid for 30 days, after which the TPP must be ratified by the other participating country.