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Japan’s mercantilism in the spotlight again
With his focus on the trade dispute with China and several other fronts opened, U.S. President Donald Trump has been lenient in his criticism of Japan’s mercantilism. If he wins a second term in office, however, he may change tack and slap tariffs on, for example, Japanese cars – a move long demanded by U.S. carmakers whose own sales in Japan are minuscule. Opening Japan’s domestic market to foreign competitors would require a cultural transformation in the island nation, but the Japanese are discovering new reasons to move in that direction.
China-India-Pakistan triangle and the future of regional security
A shifting power-play of partnerships and tensions between China, India and Pakistan is likely to see Beijing play an increasingly influential role in South Asia. But despite efforts by China to blunt India as a regional power, both have concerns about the threat of militant Islamism within Pakistan and its ...
Threat of global conflict between the West, Russia and China is increasing
Tensions across the globe have increased to a level where Russian President Vladimir Putin speaks openly of Russia’s nuclear strength. Spending on military budgets is increasing in many countries except the West. And a desperate Russia is looking for new alliances with an emerging China as the West’s sanctions begin ...
Energy prices link America’s Asian pivot and Middle East instability
United States foreign policy in the Middle East and the Far East is becoming increasingly interlinked by the price of energy. Oil prices are the trigger to instability spreading from the Middle East to America’s major trading partners - China and Japan - and Asia’s other markets. Energy prices will ...
Predicting more of the same for Europe’s economy
World economic data may reflect a rise in optimism that the worst may be over. But there are significant differences between Europe’s problems and those in the rest of the world and suggestions that 2014 may prove to be a turning point for growth are over-stated. <i>There is encouraging economic ...
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