Japan’s discount-furniture king, Akio Nitori, dubbed the country’s IKEA, now wants to export its success into the region’s largest market: China. Business analyst Shaun Rein doubts whether their Japan success can be copied into China, he tells Bloomberg.
Category Archives: Japan
South-Korea was the latest country to suffer from economic boycott measures from China after it deployed THAAD missiles on its soil. Tourism backed out and Korean factories suffered surprise inspections. A standard procedure, says business analyst Shaun Rein to CBS. Norway, France, Japan, Taiwan and other suffered from similar boycotts.
South-Korea is not the first country to see China can fight an argument without sending the army in: Japan and France are just a few examples where tinkering with economic power was more effective, for example by redirecting its tourists. It is easier to bully South Korea than Japan,” says business analyst Shaun Rein in the South China Morning Post.
Journalist Howard French, author of the forthcoming book Everything Under the Heavens: How the Past Helps Shape China’s Push for Global Powerdiscusses with Jeff Wasserstrom China´s mindset as a geopolitical power and its problem to reinvent itself in developing a new, true Chinese story during the upcoming era of US president Donald Trump.
China-bashing has been part of the US elections for ages, and in 2016 the ritual is the same, although China has become a much stronger force than in the past and the US candidates have failed to adjust their tone, writes author Zhang Lijia of the upcoming Lotus: A Novel. Few Chinese leaders lose sleep over the US elections, she writes for Aljazeera.
A Hurun rich list survey under China´s rich millenniums, The Chinese Luxury Traveler 2016, shows that Asia is loosing out as travel destination. Japan and South-Korea still do well since they are close, says Hurun chief researcher Rupert Hoogewerf at TTG-Asia, “But in terms of aspirations, this generation wants to go farther.”
China is ahead of a range of challenging decisions, writes economist Arthur Kroeber in BloombergView. There is a real danger China will enter economic stagnation just like Japan did in the past, and Kroeber is not sure China´s leadership can avoid the same mistakes Japan made.
China can avoid the economic traps Japan and Brazil fell into, but only when it is going to take the liberalization of its financial markets serious, writes economist Arthur Kroeber for the Nikkei Magazine. But “on the core issues of debt control and pruning the state sector there is little evidence of progress.”
Many sports see China as their Promised Land as people spend more money on their leisure activities. Also baseball officials from the US expect an eager audience in China, but marketing expert Tom Doctoroff begs to differ, he tells the Baltimore Sun.
China´s endeavors into the South China Sea has both flabbergasted and worried its neighbors. Journalist Howard French looks for the Guardian into the efforts, and comes with an explanation: overcoming the humiliations of the recent past, is an important theme. The struggle of an upcoming superpower.