• Economist Michael Pettis has challenged The Economist to a bet on whether China will have the world's largest economy by 2018. The Economist accepted.
  • Meanwhile, a new Citi Bank report claims China will be the world's biggest economy by 2020, and by 2050, India will take over.
  • How China could respond to America's Asia Pacific 'pivot': part 1; part 2.
  • India's debate about economics and strategy is intensifying.
  • While we debate whether Australia is part of Asia, Bob Carr has evidently made up his mind: 'I remember one minister saying that Australians may have white skin — but that’s less and less true, as our population has Asianised — but we think like Asians.'
  • Taiwan: the re-elected KMT Government is very cautious on cross-Strait political connections. (Thanks Malcolm.)
  • A Bloomberg editorial on Burma:

The parliamentary election wins of Aung San Suu Kyi and her party weren’t necessarily the best news out of Myanmar in the past week. That distinction could just as easily go to the government’s decision to unify and float its exchange rates -- a move with the potential to immediately reduce corruption, improve economic performance and lift the lives of millions.