This guy is an eternal idiot.
-1 ( +3 / -4 )
It is in Japan's best interest to let Taiwan fall quickly while Japan looks the other way. It's the cruelest thing to say, but in the best interest of Japan's national security.
Japanese population has been ingrained by years of imperial propaganda on their own fable of greatness. Losing Taiwan means that China will hold an important chokehold over the Japanese economy through the control of maritime trade through Taiwan straight. There are other routes but they will cost more than ever, and this will double economic hardship for Japan.
The cruelest thing to say is for Japan to accept that their days as a world power is long over. They need to adapt and learn like the UK has moved on and actually shreds less xenophobia to accept immigrants. The Brexit was a setback but it wasn't too significant.
-1 ( +0 / -1 )
This is not good for Japan. It's merely a matter of time that China will get Taiwan back, and the US drags Japan into a confrontational stance against China. If China annexed Taiwan one day, then its economic retaliation against Japan will result in a naval blockade in Taiwan straight. The economic damages will be enormous, and the US does not give a damn as long as their corporations rack huge profits in China.
Recently, the US and EU make a huge push in EV, and they did not halt under the request from Toyota and Japanese automakers. In the EV world, China will dominate the globe as it does with solar panels. This is already a sign that the US begins neglecting Japan's role in the global economy. The Yanks have already found alternative high-tech manufacturers in China, ASEAN, India. Japan will be abandoned by the US, economically and politically but not militarily.
2 ( +6 / -4 )
This is just the beginning.
-3 ( +4 / -7 )
I don't like Shinzo Abe for what he promised to do but not since the US has final says on whatever he did. He was too pragmatic and neutral for their taste.
Anyway, I at least kudo him for being not an oyaji who is fearful of modern technologies.
-3 ( +0 / -3 )
"It's in our nation's interest to resolve the situation quickly," Hagerty said, adding, "With this type of justice system, I fear that American executives will start thinking twice about doing business in Japan."
Damn right, Hagerty!
-4 ( +3 / -7 )
1 ( +4 / -3 )
Sigh. Japanese ex-bureaucrats strike again! OYajis never fail to disappoint.
-1 ( +0 / -1 )
It's scary that someone so clueless can lead the world's third biggest economy. If you want a prime minister to unilaterally raise private-sector wages, then vote for hardline communists.
No, the communists will nationalize the key industries and protect the SMEs instead. The moves that angered the US in the 1980s to unilaterally sanction and cripple the Japanese economy permanently.
Having the JCP around will drastically improve the living conditions in Japan. The communists will improve relations with China-Russia, Korea. They will kick the US out of Japan, while the militarization of Japan will still happen for the sake of peace through armaments of China-Russia. Even the JCP may have denounced the CCP, they merely pretend to do so because they are weak against the LDP. This is a nice fantasy that the US won't ever allow to happen in Japan.
4 ( +12 / -8 )
This is why Japan won't ever pick a fight with China.
The CCP controls all big Japanese firms in the balls!
-2 ( +3 / -5 )
Japan is in the semiconductor sector at the high end, precision & advanced segment. China is still playing catch up.
Not for long. It again reminded me on the solar industry. Germany ruled this industry for decades, while Japan only ruled since 2010 around 4 years. When China suddenly mastered the technologies, they crushed Germany and Japan within a year!
Now, we don't even have any solar company from Japan within the top 50 firms in the world. Sharp is now Taiwanese, so it doesn't count. Solar industry is very critical in the future.
China is very quick to catch up and can drive the game once it became the master. With semiconductors, China is having a great chance after buying all Japanese equipment and Taiwanese engineers before 2020. Not to mention, China also controls the world's market of rare earth elements too.
-5 ( +1 / -6 )
Battery suppliers in the US market.
GM : LG
Ford : SK
Stellantis : LG, Samsung
BMW : Samsung
Lucid : Samsung
Rivian : LG
Hyundai/KIA : SK
VW : SK
Honda : LG(This is due to Honda's first US market EV being GM sourced)
Toyota : ???
You also forgot CATL and other Chinese giants. Japanese firms have been crushed by Chinese solar companies in the last decade, so I don't have any confidence that Japan can make a comeback in semiconductors or batteries.
Their only hope now is to transform Japan into another "Thailand" for huge tourist/service economy revenues.
-7 ( +2 / -9 )
At least, Sharp is Taiwanese now. They have a decent chance better than in the hands of Japanese oyajis.
-3 ( +4 / -7 )
I can't wait for the day that Yen/USD will become 10000 yen for 1 USD.
-2 ( +1 / -3 )
Japan Inc sue another Japan Inc?
Japan Inc and Keiretsus are fables. They don't ever truly exist but the West made it up to antagonize Japan in the 1980s.
Nippon Steel officials said its prized technology is critical to its competitiveness, as the world shifts to "a carbon neutral society" and innovations that reduce emissions are increasingly needed in steel manufacturing.
Japan also stole from the US and Europe in the 20th century.
The kettle calling the pot black.
Didnt the Japanese steel company get caught for falsifying data? Japanese companies are now starting to distrust their own suppliers. Even Japanese shipping companies bought multiple ships from their archival Korea this year (probably expected considering the recent spate of Japanese ships breaking up). Not a good sign for Japan.
Like I said many times here, Japan not only lost to China and is in the process of losing to South Korea and ASEAN soon. Their own private sector also starts pandering to the Chinese communists and other authoritarian countries for profits.
Japan corporations are unreliable and not loyal to the Japanese civilization in any way.
-2 ( +10 / -12 )
Taiwan and Japan are so screwed if this is true.
Guo Wengui successfully predicted Covid-19, and numerous power purges within China. Of course, he was wrong on the collapse of the Hong Kong economy at the moment. Many of the facts that he stated was quite worrying, which one can confirm in the recent summit between China and US, that the US can renege on Taiwan as it did with South Vietnam or Afghanistan.
If Taiwan falls to China, Japanese economy will be essentially screwed.
-6 ( +0 / -6 )
Nothing changes. Nothing will change.
27 ( +34 / -7 )
The Americanization (neoliberalization) of Japan is complete! Part-time employment now dominates all over Japan. Baito jobs are the future!
In fact, this article embellishes part-time employment as good is quite alarming. Those Keiretsus now push the American corporate agenda upon Japan.
10 ( +15 / -5 )
Corrupt dynasties of American-sponsored politicians in Japan continue unabated.
-2 ( +3 / -5 )
A good thing you are not running Japan's foreign policy! What a disaster that would be.
Russia already has installed a device that can broadcast EMP to cripple all of Japan, except for American bases.
If Japanese right-wingers are in power, Russia is going to take Hokkaido for a price. The US commits to defense Japan if it gets attacked not Japanese right-wingers lead their own armies to attack someone else.
I hate the Abe dynasty to the Kishida dynasty but they all have a brain unlike Japanese right-wingers and most of the ignorant Japanese population.
-17 ( +0 / -17 )
ASEAN for the win!
-2 ( +2 / -4 )
There are one good thing and one bad thing from this.Good: Getting rid of useless bureaucrats with Nihonjinron craps. Bad: Good preys for Elliot Management and other corporate raiders of foreign origins. Look at Shinsei Bank, the corporate raiders ruined it so good and made huge profits. Hell, there is a chance that the Chinese may start buying ownership gradually like what they are doing with Rakuten.
-1 ( +2 / -3 )
There is absolutely no green energy technology that Japan can sell to its Asian neighbors; rather Japan's Asian neighbors see Japan as a market to tap instead.
You are absolutely right. Just take the solar panels for example, Japan now mostly produces 390W type, while Thailand and Malaysia produce 450W type, and Vietnam starts producing 600W type.
Japan used to rule the solar panel industry, and now they can't even catch up. Japan is now totally non-existent in this field except for Sharp which is owned by Taiwan.
-5 ( +0 / -5 )
The US multinational corporations: HAHAHAHAHA!! No, and Japan gives us unrestricted access to your economy as well as tax breaks. Or we will force Plaza Accord 2.0 on you again!
Keidanren: Aye, aye boss!!
Japanese government: Hmmm.....Okay, let's undergo a very long bureaucratic discussion on this one. Don't worry, I will always prioritize the foreign robber barons who buy worthless Japanese stocks.
-2 ( +0 / -2 )
Thanks to Tesla, the dealership dynasties may finally die worldwide!
-1 ( +1 / -2 )
Aside Masayoshi Son and private businesspeople here, I am quite stunned on how cheaply you can buy politicians in Japan.
An insignificant politician in China can pocket more than $100 million at minimum.
4 ( +9 / -5 )
Signaling a break from the "neoliberal policies" the government has pursued over the past two decades, Kishida has promised to increase middle-class incomes and reduce wealth disparity.
The US: HAHAHAHAHAHA!!! No.
Keidanren: I agree, boss.
-1 ( +8 / -9 )