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November 22, 2024
 

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TRADE

The Yangshan Deepwater Port in Shanghai. China’s manufactured goods surplus relative to global gross domestic product is now around 2%, and an estimated 45% of China’s manufacturing output is being exported as the nation’s 1.4 billion people can’t buy enough goods such as electric vehicles, ships and household appliances to meet the increased supply.
BUSINESS / Economy
Jan 8, 2024
Xi Jinping’s solution for China’s economy risks triggering new trade war
Manufacturing focus sets up Beijing for renewed tensions with both developed countries and emerging economies pushing to reach the lower rungs of the industrialization.
Huawei caused a stir in the U.S. and China last August when it released a smartphone with a 7nm processor made by Shanghai-based SMIC.
BUSINESS / Tech
Jan 5, 2024
Huawei teardown shows 5nm laptop chip made in Taiwan, not China
The firm caused a stir last August when it released a smartphone with a processor that was only a few years behind the cutting edge.
Yemenis chant slogans and wave Palestinian flags during a march in solidarity with the people of Gaza, in Yemen's Houthi-controlled capital Sanaa on Dec.15, 2023. The Houthis have been firing on ships allegedly linked to Israel in the Red Sea in avowed solidarity with Palestinians in Gaza.
WORLD / Politics
Jan 4, 2024
U.S., allies warn Houthis of 'consequences' of ship attacks
Warning comes as freight rates spike due to re-routing of vessels around Africa to avoid the Red Sea, where the Iran-backed militant group is active.
Cargo ships wait in the anchor zone to cross the Panama Canal from the Pacific entrance near Panama City, Panama, on Sept. 1, 2023. Ships have been waiting for days as the congestion to cross from both sides increase due to intense droughts in the country.
WORLD / Society
Jan 3, 2024
Saving the Panama Canal will take years and cost billions, if it’s even possible
Climate change-induced drought is limiting the number of ships on the waterway, which handles about 46% of containers moving from Northeast Asia to the U.S. East Coast.
The Maersk Sentosa container ship sails southbound to exit the Suez Canal on Dec. 21.
BUSINESS / Companies
Jan 3, 2024
Maersk decides Red Sea too unsafe for its ships for now
The decision to reroute vessels from the vital trade corridor was made after another of its container ships came under attack from Houthi militants.
The guided-missile destroyer USS Mason steams through the Atlantic Ocean. Tehran's dispatch of a warship to the Red Sea takes the projection of Iranian power in the region to another level but it is unlikely to want direct confrontation — its old frigate is no match for the U.S.-led maritime task force patrolling the waters off Yemen.
WORLD / Politics
Jan 3, 2024
Iran’s Red Sea power play raises fears of trade disruption
Tehran's dispatch of a warship to the region emboldens Yemen's Houthis, who are attacking vessels headed to or owned by firms in Israel.
The ASML headquarters and factory in Veldhoven, Netherlands
WORLD / Politics
Jan 2, 2024
U.S. pushed Dutch tech company to block Chinese sales
ASML had licenses to ship three top-of-the-line deep ultraviolet lithography machines to Chinese firms until January, when new Dutch restrictions took full effect.
A Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released on Nov. 20.
WORLD / Politics
Dec 29, 2023
U.S. allies reluctant on Red Sea task force
Italy and Spain have issued statements appearing to distance themselves from Operation Prosperity Guardian.
Supporters hoist a giant Taiwan national flag during a campaign rally for Kuomintang ahead of Taiwan's presidential election, in Taipei on Saturday.
ASIA PACIFIC / Politics
Dec 27, 2023
Whisky and a coal 'shack': Taiwan election is not only about China
The candidates are exchanging blows over everything from property disputes to whether drinking whiskey is out of touch.
An image from Dec. 9 appears to show the Russian container ship Angara, sanctioned by the U.S., unloading cargo at Najin port while containers from North Korea await loading at an adjacent pier.
WORLD
Dec 27, 2023
Ghost ships at reawakened North Korea port put Ukraine in peril
The vessels are suspected to be delivering arms to Russia that eventually make their way to the frontlines of Vladimir Putin's invasion.
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
COMMENTARY / World
Dec 25, 2023
The yuan is finally showing some muscle in international trade
The yuan's stealthy climb in global payments could see it pose a challenge to the U.S. dollar's dominance.
Former Defense Minister Itsunori Onodera
JAPAN
Dec 25, 2023
Japan must further ease arms export rules, ex-defense chief says
Itsunori Onodera said he would press ahead with ruling coalition discussions on broadening the scope of allowable exports.
Prime Minister Fumio Kishida meets with Saudi Arabian Crown Prince Mohammed bin Salman in Jeddah, Saudi Arabia, in July.
COMMENTARY / Japan
Dec 24, 2023
Japan is critical to linking the Indo-Pacific and the Middle East
As Japan enters the Year of the Dragon, it has an opportunity to link the Indo-Pacific and the Middle East in a way that benefits everyone.
The SKS Doyles crude oil tanker sails through the Suez Canal on Thursday.
WORLD
Dec 24, 2023
Iran dismisses U.S. intelligence tying it to Red Sea attacks
The White House said that Iran was "deeply involved” in the planning of the Houthi attacks and has supplied weapons, financial support and training.
A Houthi fighter stands on the Galaxy Leader cargo ship in the Red Sea in a photo released Nov. 20.
WORLD
Dec 23, 2023
U.S. says Red Sea patrol will be able to thwart Houthi attacks
The force will patrol "the Red Sea and the Gulf of Aden to respond to and assist as necessary commercial vessels,” Maj. Gen. Pat Ryder said.
A Patriot Advanced Capability-3 (PAC-3) surface-to-air guided missile at the Air Self-Defense Force's Miyakojima Sub Base in Okinawa Prefecture in November
JAPAN
Dec 22, 2023
In major shift, Japan eases rules on exporting defense gear
The policy change could see Japan make its first export of lethal military equipment as early as next year.
An employee inspects integrated circuit boards at a factory in Suzhou, China.
BUSINESS
Dec 22, 2023
U.S. to scrutinize Chinese chipmakers as Biden mulls tariffs
Over 100 companies in various sectors to be surveyed on their procurement and use of legacy chips
Workers disassemble vehicle battery packs in a workshop in Dongguan, China.
BUSINESS / Economy
Dec 22, 2023
China bans export of rare earths processing tech over security
China has significantly tightened rules guiding exports of several metals this year, in an escalating battle with the West over control of key minerals.
A U.S. Steel coke works in Clairton, Pennsylvania
EDITORIALS
Dec 22, 2023
A steel deal that’s good for Japan and the U.S.
Nippon Steel’s announcement that it plans to purchase U.S. Steel has triggered an uproar in the United States.
The Galaxy Leader cargo ship is escorted by Houthi boats after being hijacked in the Red Sea in this photo released on Nov. 20.
BUSINESS / Companies
Dec 21, 2023
Exporters explore flights to avoid deepening Red Sea bottleneck
Iran-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea since Nov. 19.
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.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
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.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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