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November 21, 2024
 

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TRADE

U.K. Ambassador to Japan Julia Longbottom says the Indo-Pacific region offers a unique opportunity to not only tackle shared security concerns but also to generate new sources of economic growth.
JAPAN / Politics
Sep 9, 2024
U.K. envoy to Japan pushes back on Indo-Pacific disengagement concerns
The region — and Japan — remain “critical" to Britain's interests, Ambassador Julia Longbottom told The Japan Times.
The Chinese government will remove the last remaining limits on overseas investments in the manufacturing sector starting from Nov. 1 and cut its list of areas that are restricted for foreign investors, according to a statement from the National Development and Reform Commission posted on Sunday.
BUSINESS
Sep 8, 2024
China opens manufacturing, health care sectors to foreign money
Beijing will remove the last limits on overseas investments in the manufacturing sector from Nov. 1 and cut its list of areas that are restricted for foreign investors.
An Nvidia Quantum-X800 InfiniBand Platform on display in Taipei on June 5
WORLD / Politics
Sep 6, 2024
U.S. targets China with quantum and chip-related export curbs
The rules cover all worldwide exports, but include exemptions for countries that implement similar measures.
When it comes to trade disputes between the U.S. and China, not even the game of golf is spared.
BUSINESS
Sep 3, 2024
U.S. golf cart industry reveals how China tariffs are a blunt instrument
In factories and shops around the country, finding complaints about cheaper Chinese competitors is easy — but reaching a consensus on how to combat them is harder.
Australian Foreign Minister Penny Wong
BUSINESS
Sep 3, 2024
Australia firms should invest in Southeast Asia, foreign minister says
Southeast Asia is expected to be the world’s fourth-largest economy by 2040 with an expanding population.
A Samsung high-bandwidth memory chip. South Korea is among a handful of semiconductor powerhouses that face a potential U.S. ban on exports to China of state-of-the-art chips, including high-bandwidth memory, used to train artificial intelligence.
BUSINESS / Tech
Sep 2, 2024
South Korea wants U.S. ‘carrots’ for embracing China chip curbs
South Korean trade minister says incentives ‘would help U.S. policy be embraced more easily.’
Nippon Steel Vice Chairman Takahiro Mori
BUSINESS / Companies
Aug 30, 2024
Nippon Steel, peers urge Tokyo to curb steel imports from China
China's steel exports rose 24% to 53.4 million tons in the first half of 2024, on track for 100 million tons for the year.
There is a significant divide between security experts, who emphasize the unquantifiable risks of geopolitical instability, and economists, who focus on the measurable costs of restructuring supply chains.
COMMENTARY / World
Aug 28, 2024
Traditional economics fail the geopolitical test
The seemingly yawning gap between the views of the security specialists and the business and economics types is striking.
The Panama Canal is Panama’s biggest source of revenue, bringing in nearly $5 billion last year.
BUSINESS
Aug 28, 2024
Panama Canal eases limits that caused global shipping bottleneck
Last year’s El Nino caused a significant drop in rainfall and forced the canal to implement daily transit restrictions.
Tepco employees serve scallops at an event in Tokyo last month.
BUSINESS
Aug 25, 2024
Japan scallop exports shifting away from China dependence
The efforts led to increases in scallop exports to the United States and other markets, highlighting the scallop supply chain's shift away from China.
Seafood for sale at a market in Zhoushan, China. Beijng's import ban has fueled an aversion to seafood in general, creating a situation it hadn't anticipated.
BUSINESS
Aug 24, 2024
China keeps door firmly closed to Japanese seafood imports
Despite assurances of safety, Beijing continues to call water released from the crippled Fukushima plant "nuclear-contaminated water."
Friday's sanctions include measures against companies in China involved in shipping machine tools and microelectronics to Russia, according to the U.S. State Department.
WORLD / Politics
Aug 24, 2024
U.S. sanctions 400 entities aiding Russia's war — including Chinese firms
Friday's sanctions include measures against companies in China involved in shipping machine tools and microelectronics to Russia.
Masanobu Sakamoto (left), head of the National Federation of Fisheries Cooperative Associations, meets with industry minister Ken Saito (right) in Tokyo on Friday.
JAPAN / Society
Aug 23, 2024
Head of fishery group expresses industry's concern over import bans
Such bans by other countries in response to the release of treated water from the Fukushima nuclear plant leave the sector uncertain about its future, he says.
The ability of Xi Jinping's government to control China's industrial overcapacity crisis is limited, and stimulating domestic demand is difficult amid geopolitical tensions.
COMMENTARY / World
Aug 21, 2024
Xi’s supply-side panacea has lost its magic
China’s excess capacity problem will have to fester until even its industry leaders call it quits. That may be some years away.
Vehicles bound for shipment parked in front of the Lyra Leader vehicles carrier ship at the Nagoya Port in Nagoya. Japan's exports rose in July but shipment volumes extended their declines.
BUSINESS / Economy
Aug 21, 2024
Japan's July exports growth lags expectations as volumes fall again
Japanese exports rose 10.3% year-on-year in July, less than a median market forecast for an 11.4% increase.
Solar cell panels over the water surface of Sirindhorn Dam in Ubon Ratchathani, Thailand. Four countries in Southeast Asia including Thailand account for more than 40% of solar module production capacity outside of China.
BUSINESS / Markets
Aug 21, 2024
Southeast Asia’s solar boom threatened by U.S.-China trade tension
Chinese firms that set up shop in the region over the last decade are being accused of skirting U.S. import levies on their home market.
Berlin's growing military engagement with Indo-Pacific allies and partners is meant to signal that Germany "stands firmly at the side of those countries that are committed to complying with international law and do not accept it being called into question," German Navy chief Vice Adm. Kaack told The Japan Times.
JAPAN
Aug 20, 2024
Sea lane fears drive German military's Asian engagement, navy chief says
Developments in the Indo-Pacific, both economic and geopolitical, have direct implications for the security and prosperity of Germany, Vice Adm. Jan Christian Kaack says.
A tug boat assists a container ship to its berth in Long Beach, California, on June 17.
BUSINESS / Economy
Aug 19, 2024
Busiest U.S. ports absorb import surge nearing pandemic-era frenzy
The ports of Los Angeles and Long Beach, which account for roughly a third of all U.S. container imports, had their third-strongest month ever in July.
The Finance Ministry will apply foreign trade regulations to chipmaking equipment, requiring foreign investors to give prior notice when conducting direct investment in the sector.
BUSINESS
Aug 16, 2024
Japanese government tightens grip on chip supply-chain network
The move comes as Japan tries to revive its own capacity to produce semiconductors as a pillar of its economic security strategy.
The size of the carry trade strategy is hard to determine because currency transactions, unlike stock trades, aren't tracked on exchanges. We only have estimates.
COMMENTARY / Japan
Aug 14, 2024
How big is the yen carry trade, really?
There is now worry that the unwinding of yen-funded carry trades would wreck investors’ frothy exposures to U.S. technology and AI-related companies.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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