Time Magazine has picked its Top 10 Asia Stories of 2007

1. Pakistan in Crisis

Nov 11: President General Pervez Musharraf imposes emergency rule, hoping to cling to power in the face of multiple challenges.

2. Taliban Offensive

Sept 29: A Taliban suicide bomber kills 35 Afghan troops and two civilians in the year’s worst suicide bombing in Kabul.

3. North Korea Agrees to Disarm

Feb 13: Months after testing a nuclear device, North Korea agrees at six-party talks in Beijing to take the first steps towards disarmament.

4. China’s Equity Bubble?

Nov 5: PetroChina becomes the world’s first trillion-dollar company, tripling its share price on the first day it was traded on the Shanghai stock market.

5. China Product Safety Crisis

July 11: Zheng Xiaoyu, former head of China’s State Food and Drug Administration, is executed after being convicted of corruption charges in a case concerning substandard medicines that led to several deaths.

6. Burma Crackdown

Sept 26: Burmese riot police attack Buddhist monks involved in peaceful protests, as the military regime cracks down on a movement that has drawn tens of thousands onto the streets of the capital in recent days.

7. U.S.-India Nuke Deal Fails

Oct 16: India’s Prime Minister Manmohan Singh regretfully informs President George W. Bush that a nuclear agreement hailed by Washington as the “single most important initiative” in U.S.-India history has been stalled for the foreseeable future.

8. Japan’s Political Shift

Sept 23: Yasuo Fukuda is tapped to lead Japan’s ruling Liberal Democratic Party, following the resignation of Prime Minister Shinzo Abe.

9. China’s New Leaders

Oct 22: China’s 17th Communist Party Congress unveils the new politburo that will rule the country until 2012.

10. Shutting Out the U.S.

Aug 16: The annual summit of the Shanghai Cooperation Organization (SCO) held in the Kyrgyz capital, Bishkek, affirms the principle that security in Central Asia should be in the hands of existing regional organizations.



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