VISITORS to the showroom of the “Everything is Good” jade company in the Chinese border town of Ruili are swiftly steered towards one particular lump of black rock among many thousands on display. It looks innocuous enough, but a small slash on one side, revealing a translucent green and purple interior, betrays its true worth: […]
Despite all the attention the trade deficit receives each month, little heed has been paid to the rapid expansion of U.S. exports, which have been growing nearly three times faster than gross domestic product since 2005. As a share of the U.S. economy, exports are at their highest point in 50 years. Rather than slow […]
If you were to list the factors with the biggest potential impact on the business world over the next few decades, you’d likely cite some common themes – evolving technology, the globalization of markets, and fiscal challenges in Western countries, perhaps. But here’s one you might not have considered: women. According to our research, nearly […]
In 2006 Abe Shinzo, appointed again last week as leader of the Liberal Democratic Party (LDP), Japan’s main opposition party, wrote; “It will not be a surprise if in another decade, Japan-India relations overtake Japan-U.S. and Japan-China ties.” Such a prediction now, as it was then, is improbable, but the prospect of Abe assuming Japan’s top office […]
It is human nature to want leaders we can admire and emulate, and who can inspire us. With the recent death of Vaclav Havel and the passing of Nelson Mandela into a long twilight, there is only one global figure who nearly universally embodies aspirations for freedom and human dignity around the world. She is […]
“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 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 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 […]
The protest, argued all those engaged, was a spectacle of solidarity, and it appeared so at first glance: Beginning September 16, anti-Japanese grievances that had been simmering for months over the Diaoyu Islands, called the Senkaku in Japanese, overflowed into Chinese streets, engulfing more than a dozen cities in an arc along the country’s eastern seaboard. […]
Chinese streets were quiet today after anti-Japan protests, many of them violent, rocked more than a 100 cities last week. Large demonstrations continued through Tuesday, the 81st anniversary of Japan’s invasion of Manchuria. The disturbances, triggered by a territorial dispute over the Senkaku Islands in the East China Sea, are commonly described as the worst anti-Japan riots […]
