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Carlos Ghosn and the rigor of the Japanese state
The surprise arrest of Renault-Nissan CEO Carlos Ghosn is superficially a tale of personal greed and clashing corporate cultures. But drill deeper and the more significant takeaway is what the case reveals about the Japanese approach to law and the power of the state. That is why Mr. Ghosn’s fate could have an impact on Japan’s international standing and foreign investors.