Home Decoupling denied: Japan Inc lays its bets on China
Decoupling denied: Japan Inc lays its bets on China
Trade rift between Beijing and Washington creates havoc and opportunity for Asia’s economic giants
World Economy News
17 Feb 2021 • 11 min read
In 1978, when Chinese leader Deng Xiaoping visited a factory belonging to what is now Panasonic in Osaka, he made chairman Konosuke Matsushita an offer he could not refuse.
That year, China’s economy lay in ruins following the Cultural Revolution. But Deng had an idea. Turning to Matsushita, his guide on the tour, he said: “You are called the god of management. Will you help us modernise our economy?”
Kingdom-Japan trade slips 8% in 2020 phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.
Print
RAYONG, Thailand Yokohama Rubber Co. Ltd. is expanding capacity for tire molds at a dedicated factory in Rayong to help the company keep pace with growing demand throughout the Pacific Rim.
YRC said it expects the expansion at its Yokohama Mold (Thailand) Co. Ltd. subsidiary to be completed by year-end, but it did not disclose the project s scale or investment.
The project is backed by financial support from a Japan External Trade Organization program to strengthen overseas supply chains and promote cooperation between Japan and other ASEAN countries.
Established in 2018, YMTC supplies tire molds used in passenger car tires and light truck tires to Yokohama s tire plants in countries including Japan, Thailand, the Philippines and India.
Vietnam records impressive export growth in 2020 vov.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vov.vn Daily Mail and Mail on Sunday newspapers.
With China as the common factor, India-Japan ties move to the next level
By
IN Bureau ( IANS) |
Published on
Tue, Feb 16 2021 13:03 IST |
0 Views
With China as the common factor, India-Japan ties move to the next level. Image Source: IANS News
New Delhi, Feb 16 : With China as the elephant in the room, India-Japan strategic ties are moving to the next level. Both countries are leveraging the location of India s North-East region, to secure a trans-border regional corridor where China s interference would be minimised.
From their perch in Guwahati, External Affairs Minister S. Jaishankar and Japan s ambassador to India, Satoshi Suzuki, went out of their way to nail the convergence of India s Act East Policy and Japan s Free and Open Indo-Pacific (FOIP) doctrine. The two made it plain that India s North-East was a focal point of the Indo-Pacific, bridging the rest of India with the 10-nation ASEAN.