As nationalist war-mongering goes, the anti-Japanese demonstrations taking place across China have been relatively tame. Chinese authorities have maintained tight control over the protesters, some of whom call for an armed response against Japan over disputed islands in the East China Sea: Plastic bottle-throwing is allowed, glass bottle-throwing discouraged. For all the jingoistic talk, the […]
“Brand Japan” has long benefited from the strength of Japanese companies in industries as diverse as automotives and music, or “J-pop.” The recent situation in China shows how that close association can also hurt businesses when nationalist sentiments go against them. As big businesses — fairly or unfairly — become the short-term targets of populist […]
China’s foreign exchange (‘forex’) reserves and its holdings of U.S. government debt are two of the most frequently misunderstood issues in relations between the two countries. Recent events have underscored this problem. On September 18th, a car carrying Gary Locke, the U.S. Ambassador to China, was surrounded and partially attacked in a sideshow to an […]
Korean pop culture may not (yet) turn heads in Los Angeles or London, but its impact — economic as well as cultural — across the developing world is startling. First taking off in China and Southeast Asia in the late 1990s, but really spiking after 2002, Korean TV dramas and pop music have since moved […]
“I UNDERSTAND that the end does not justify the means…I apologise to the victims hurt by my father’s dictatorial rule in this regard.” These were the words offered by a leading hopeful for the presidency, Park Geun-hye, on September 25th. She was taking the bull by the horns, addressing what her opponents and other critics […]
China’s 12th five-year Plan calls for a shift in the country’s economic model from export-led growth towards greater reliance on domestic demand, particularly household consumption. Since the Plan’s introduction, China’s current-account surplus as a share of gross domestic product (GDP) has indeed fallen. But does that mean that China’s adjustment is on track? According to […]
China has raised the politico-diplomatic ante with Japan over the disputed islands in the East China Seain a definitive manner through a formal Cabinet-equivalent announcement in Beijing and the follow-up of this assertion at the foreign minister level in New York on Tuesday (September 25). Territorial disputes with certain key Asian countries is a high-octane issue […]
At a time when nearly one third of the world’s population has accessed the Internet, governments have in recent years devised various methods to obstruct the openness of online communications. The report’s findings indicate that such restrictions on Internet freedom in many countries have continued to grow since January 2011. Even more problematic, governments’ methods […]
China appears ever more willing to use its economic muscle to strategic ends. Japan is the most recent target, as tensions flare over a maritime territorial dispute. Customs processing has been delayed for some Japanese goods, and visas are somewhat less forthcoming. There are concerns about consumer boycotts, especially of Japanese cars. It’s reasonable to […]
Sometime in the next few weeks, the Chinese Communist Party will likely convene its Party Congress, which meets every five years to set major policies and choose its Central Committee of about 370 members. This year a major leadership change will take place. China watchers are scrutinizing the personality and goals of Vice President Xi Jinping, […]
