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Asia

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Historic election marks transition in Pakistan

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Pakistan marked a monumental moment this weekend, with voters successfully electing a new individual to be the nation's prime minister. It marks the first time the country has successfully had a peaceful, democratic transfer of power.
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Among Myanmar's large Buddhist population, monks, monasteries play important role

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Most young Buddhist boys are expected to spend some time in monasteries as they grow up. It has a religious purpose, for them and their families, but also a practical one -- with monasteries making sure they are educated and fed while they're there. But choosing whether to remain a monk is a difficult choice.
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As China prospers, residents increasingly demand more rights, freedoms

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China's economic prosperity has opened the world to its people. But that openness has meant many of them are demanding the rights and freedoms they see residents of other successful countries enjoying. But so far, the Communist Party has been slow to offer up reforms, despite the people's demands.
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China's economy at crossroads between freer enterprise, state control

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China's been on a road to greater economic freedom for decades. But as the country seeks to move from developing world to developed world, the pressure is on the move state enterprises out of key economic sectors and let the private sector play a greater role in fueling the country's economic growth.
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Chinese land reform efforts move ahead with more fits than starts

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China's rural economy is at a cross-roads. As the government begins reforms designed to give farmers ownership of that land, that effort is running into the cold reality that land sales back the spending of local governments. And that can only happen when farmers land is taken for little compensation.
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China's hukou system puts migrant workers at severe economic disadvantage

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In China, social benefits are tied to where you live. And they vary widely from urban to rural areas. But as more Chinese decide to abandon their farms and move to cities, this system of denying them benefits in their new homes is proving problematic -- and possibly untenable.
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In Japan, banker tries to cash in on compassion, clean energy

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Japan's society has been roiled by the tsunami and disaster at the Fukushima nuclear plant. At one credit union, the CEO has decided that it will do its part to help eliminate nuclear power in the country. And he's rewarding his customers who do the same.
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Yangon Muslims watch nervously as violence spreads in Myanmar

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Myanmar is lurching through its transition from military dictatorship to almost-democracy. As it does, tensions between religious groups are increasing. After two Muslim boys died in a fire at their school, the country is on edge.
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North Korea's angry rhetoric better viewed with understanding, than comedy

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North Korea's young ruler has a singular mission, experts say, preserve the family dynasty. And in that context, Kim Jong Un's sabre-rattling and his invitation to have Dennis Rodman visit the isolated country all makes sense.
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On South Korean island, tensions high as North Korea's tough talk continues

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In most of South Korea, people are taking the North's sabre-rattling with a big grain of salt. But on islands along the border, especially on Baengnyeong Island, people are a bit more tense. And all of the strong words are hurting the islands' economy, as well.
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