As China and Japan fight over uninhabited islands in the East China Sea, Yeap Swee Chuan is benefiting. Yeap is president and chief executive officer of Aapico Hitech, a Thai auto parts maker that supplies Toyota and Honda as well as small and midsize Japanese companies. The company’s stock price has more than doubled in the […]
Further evidence that the fight over uninhabited islands in the East China Sea is having an impact on the global economy: Auto sales in China fell in September for the first time in eight months, the China Association of Automobile Manufacturers announced on Wednesday. That’s largely because Chinese consumers are staying away from Japanese brands. The overall […]
China and Japan’s worst diplomatic crisis since 2005 is putting at risk a trade relationship that’s tripled in the past decade to more than $340 billion. Toyota Motor Corp. (7203), Honda Motor Co. (7267) and Panasonic Corp. (6752) reported damage to their operations in China as thousands marched in more than a dozen cities yesterday after Japan last week said […]
China’s worst outbreak of anti-Japan sentiment in decades led to weekend demonstrations and violent attacks on well-known Japanese businesses such as car makers Toyota and Honda, forcing frightened Japanese into hiding and prompting Chinese state media to warn that trade relations could now be in jeopardy. Another outbreak of anti-Japan sentiment is expected across China on Tuesday, […]
The world’s largest energy exporter plans to construct an oil refinery on the Pacific coast and may send grain eastward asToyota Motor Corp. (7203) and Mazda Motor Corp. (7261) consider building Russian plants. The government has spent more than $20 billion to showcase Vladivostok, 4,000 miles east of Moscow, as leaders gather for this week’s Asia-Pacific Economic Cooperation […]
looking beyond borders 