Under the Radar 08.05.11

Posted on Friday, August 5, 2011 by L.C. Russell Hsiao

A weekly compilation of underreported events in Asia.

• Korean Central Bank doubles its holding of gold as governments worldwide increase their net gold purchases. South Korea now holds around 39 metric tons of bullion in reserves.

• Vietnam received the first of three Airbus Military C212-400 maritime patrol aircraft. The new coastal patrol planes will be used to conduct maritime patrol role and carry out missions' including coastal surveillance, operations against illegal fishing, drug traffic and smuggling.

• Japanese researchers reveal that two glaciers, Yala Glacier of Langtang Himal in central Nepal and the AX010 Glacier of Shorong Himal in the Khumbu region in Nepal, are set to disappear due to rising temperatures.

• Japan's Defense Ministry report composed by a committee chaired by Senior Vice Defense Minister Katsuya Ogawa proposes utilizing private-sector transport and the assistance of U.S. forces to defend Nansei Islands.

• Chinese naval vessels, Zheng He and Luo Yang, were in the DPRK for a goodwill visit. The port call was preceded by a visit to Vladivostok, home to the Russian Navy's Pacific Fleet.

• China launched SJ-11-02 orbiter from the Jiuquan Satellite Launch Center in Gansu Province in the country’s northwest.

• DPRK's First Vice-Foreign Minister Kim Kye-gwan went to Beijing for talks after weeklong nuclear talks in New York.

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