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May 10, 2024
 

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TRADE

China’s fading appeal to foreign firms comes despite Chinese President Xi Jinping’s pledge in November to take more "heart-warming” measures to ease access to the world’s second-largest economy.
BUSINESS / Companies
May 10, 2024
EU firms’ appetite for China investment sinks to record low
Only 13% of firms surveyed earlier this year saw the country as a top destination for investments, a survey found.
U.S. President Joe Biden meets with Vietnam President Vo Van Thuong in Hanoi on Sept. 11, 2023. During Biden's visit to Hanoi last year, the U.S. and Vietnam elevated ties to a comprehensive strategic partnership.
BUSINESS / Economy
May 9, 2024
Vietnam's China ties loom large in U.S. hearing on market economy upgrade
Opponents cite Beijing's outsized influence on Hanoi while proponents argue that denial of market economy status would push Vietnam closer to its neighbor.
Workers make pods for e-cigarettes on the production line at Kanger Tech, one of China's leading manufacturers of vaping products, on Sept. 24, 2019 in Shenzhen, China.
BUSINESS / Markets
May 9, 2024
China’s factory glut alarms the world, but there’s no quick fix
European Union leaders, who are threatening tariffs on electric cars, were the latest to scold China about overcapacity, but there are no plans to change.
The growing divide between U.S.-led and China-aligned blocs is taking a toll on the global economy as trade and investment flows are redirected along geopolitical lines in ways not seen since the Cold War.
BUSINESS / Economy
May 9, 2024
Cold War-type divide puts trade and investment at risk, top IMF official warns
After years of shocks, countries are reevaluating their trading partners, an IMF official has said.
China is likely around two years behind the United States in developing its own AI software.
WORLD / Politics
May 9, 2024
U.S. eyes curbs on China's access to AI software behind apps like ChatGPT
Preliminary plans the Biden administration has include placing guardrails around the most advanced AI Models, the core software of AI systems like ChatGPT.
Economic security has evolved to include offensive measures, such as industrial policy. Countries like Japan are increasingly on-shoring strategic industries such as semiconductors, regardless of the cost.
COMMENTARY / Japan / Geoeconomic Briefing
May 7, 2024
The shift from economic security to geoeconomics
Economic security started out as a defensive concept, but it has now been weaponized to include an offensive element, morphing into a geoeconomic tool.
A group of fishing boats sit next to the Mekong river in Phnom Penh in 2021.
BUSINESS
May 8, 2024
Cambodia to cut shipping through Vietnam with China-funded canal
Cambodia's deputy prime minister downplayed environmental concerns about the new canal and dismissed speculation Chinese warships could use it.
A Chinese flag is flown near a Huawei store in Shanghai in 2023.
WORLD / Politics
May 8, 2024
U.S. revokes some export licenses for firms supplying China's Huawei
Huawei was placed on a U.S. trade restriction list in 2019 amid fears it could spy on Americans.
Russian President Vladimir Putin looks through a helicopter window during his flight to the Novatek-Murmansk's Offshore Superfacility Construction Center in the village of Belokamenka, in Russia's Murmansk region, last July.
BUSINESS / ANALYSIS
May 5, 2024
How Western sanctions are strangling Putin’s Arctic gas ambitions
The Novatek PJSC-led Arctic LNG 2 facility is a key part of Moscow’s plans to boost exports and replenish coffers. But it has remained virtually idled.
Chinese leader Xi Jinping and French President Emmanuel Macron visit the garden of the residence of the governor of Guangdong, China, in April last year.
ASIA PACIFIC / Politics
May 5, 2024
France’s Macron calls for reset of economic ties with China
The French president said that Europe wants more reciprocity in its economic ties with China, in order to better ensure its economic security.
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan to prop up the currency.
BUSINESS / Markets
May 4, 2024
Traders spooked by intervention risk trim record yen shorts
Traders edged back from record bets on yen weakness this past week, in a period that included a likely bout of intervention by Japan.
Local residents look at damage at a site of a Russian missile strike in Kharkiv, Ukraine, on Tuesday.
WORLD / Politics
May 2, 2024
U.S. issues hundreds of sanctions targeting Russia and takes aim at Chinese firms
Of the nearly 300 targets onto which the U.S. imposed sanctions, 20 are companies based in China and Hong Kong.
U.S. Secretary of State Antony Blinken meets with Chinese President Xi Jinping in Beijing on Friday.
COMMENTARY / World
Apr 30, 2024
U.S.-China tensions rise as the tides begin shifting
Irritation colored last week’s visit to China by U.S. Secretary of State Antony Blinken amid amplified Chinese anxiety.
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego, California, on March 13, 2023.
WORLD / Politics
May 1, 2024
U.S. reduces arms licensing burden for U.K. and Australia to boost AUKUS
The U.S. State Department unveiled its proposal to reduce licensing requirements for transferring military equipment as part of the AUKUS defense project.
TikTok raised eyebrows last month when it mobilized users to petition against a potential ban, demonstrating its influence on Americans.
BUSINESS / Tech
Apr 30, 2024
TikTok and Tesla just the start of U.S.-China clash over Big Data
Data security is again taking center stage in the intensifying rivalry between the U.S. and China.
At the State Department, an eight-person group informally known as "the firm” is taking steps to help embattled nations when China responds to political disputes with what the U.S. and its allies call "economic coercion."
ASIA PACIFIC / Politics
Apr 29, 2024
U.S. ‘firm’ steps in when China is seen as a bully, not a partner
At the U.S. State Department, an eight-person group is taking steps to help nations when China responds to political disputes with "economic coercion."
A truck rolls off a cargo vessel docked at Esbjerg Port in Ebjerg, Denmark. European Union food imports to the U.K. are about to get more expensive and complicated as the British government implements the Brexit deal.
BUSINESS / Companies
Apr 27, 2024
Britons finally taste full Brexit as costly border checks begin
From April 30, the U.K. will impose checks on European Union food imports — a stark reversal from the pre-Brexit era of frictionless trade.
Russian President Vladimir Putin is welcomed by Chinese leader Xi Jinping during a ceremony at the Belt and Road Forum in Beijing last October.
WORLD / Politics
Apr 27, 2024
Half of Russia's payments to China made through middlemen
The intermediaries are legal entities from jurisdictions considered "friendly" to Russia, sources said.
Exporters will be helped both by the stronger dollar, and also by their exposure to the U.S. economic resilience.
BUSINESS / Markets
Apr 25, 2024
Dollar wrecking ball forces investors to seek cover in exporters
Those with significant dollar earnings are set for a windfall, with major beneficiaries including heavyweight Asian chipmakers.
South Korean President Yoon Suk-yeol
BUSINESS / Economy
Apr 25, 2024
South Korea’s economic growth beats forecast as exports rise
South Korea's gross domestic product advanced 1.3% in the three months through March, easily outpacing economists’ consensus for a 0.6% expansion.
Japan bread recalled after rat parts found inside packs
Pasco Shikishima has recalled 104,000 packs of its white Chojuku bread after parts of a rat's body were discovered in two of them.
Tokuryū, a new crime menace in Japan, emerges from the shadows
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
Nearly 6 million elderly people in Japan will have dementia by 2040
The latest figure is significantly less than a previous projection released in 2015 that said more than 8 million people would have dementia by 2040.
Thanks, tourists. Views of Mount Fuji are now blocked.
Tourists pose in front of a convenience store with Mount Fuji on Friday in the town of Fujikawaguchiko, Yamanashi Prefecture. Local residents are upset over littering, overcrowding and the inconvenience caused by the visitors.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Stormy seas ahead as Beijing and Manila trade barbs over secret deal
Philippine Marines wave to Philippine Navy personnel and the media during a resupply mission at their military outpost, the BRP Sierra Madre, a warship run aground in the disputed Second Thomas Shoal in 1999, in the South China Sea, in March 2014.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.
After blockbuster boxing victory, what next for ‘Monster’ Inoue?
Naoya Inoue celebrates his victory over Luis Nery in their IBF-WBA-WBC-WBO super bantamweight title boxing match at Tokyo Dome on Monday.
Xi bristles as Macron and von der Leyen urge China to do more on Ukraine
French President Emmanuel Macron, Chinese leader Xi Jinping and European Commission chief Ursula von der Leyen walk after their meeting in Paris on Monday.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces
By Stephen Mansfield

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