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This month, the western port city of Incheon in South Korea is hosting the 17th Asian Games, the world’s second largest multisport event, held every 4 years. Given the prevailing global economic conditions, the prestige of hosting such a large sporting event may at times be overshadowed by the required infrastructure expenditure. 
Asia Weekly: Smell the Coffee
For many of us in the West, waking up to the aroma of a pot of fresh-brewed coffee is one of life’s little pleasures. In fact, over the course of a year, the average American consumes the equivalent of roughly 9 lbs. (~4.5 kg) of coffee beans. In Finland, that average is nearly three times higher!
One competitor who has been notably missing from the U.S. Open tennis tournament, now approaching its final weekend, is China’s Li Na—currently the world’s no. 3 ranked women’s singles player. Li, who withdrew from the Open due to a knee injury, also happens to be one of the world’s most marketable athletes.
I recently returned from two eye-opening weeks in southern Thailand to visit an American friend who had been living there. The beauty of the islands and the friendliness and hospitality of the Thai people made for a wonderful first experience in Asia.
First, there was “Abenomics” in Japan; now, “Choinomics” in South Korea seeks to bring renewed excitement to the market by way of boosting domestic consumption and household income through increased wages and dividend payouts.
What is the significance of the soon-to-be rolled out Shanghai–Hong Kong Connect, also known as the "through train?" This pilot program is designed to provide mutual access for equity investors between the Shanghai and Hong Kong exchanges. What will be the impact? While incremental, this could be an important step toward opening
China's capital account and aiding in the liberalization of China’s currency.

Known for decades as “the sick man of Asia,” the Philippines made some progress after President Benigno Aquino came to power four years ago. However, now as the president faces three impeachment charges, what’s the prognosis for the country?

Walk the streets of Seoul’s central business district, and you will still likely see smokers congregating in a few designated areas—narrow alleys between buildings, sending up smoke like chimneys. But even that is seen less and less these days as government officials crack down on public smoking. The next phase of Korea’s anti-smoking crusade may involve further taxing its comparatively cheap tobacco products.
Expectations over India’s new Narendra Modi government have been high, given the decisive mandate that the Bharatiya Janata Party (BJP)-led coalition managed to win in May’s national elections. 
Now with the world somewhat less fixated on football (or soccer as I’ve learned to call it here in the U.S.), let us reflect on what observations may be made. Since many of my colleagues and I are from Asia, we paid a bit more attention during the matches to the Asia Pacific teams that competed—South Korea, Japan and Australia—as well as to the U.S.
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