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Tag Archives: G7

Avigan: Shinzo Abe’s Illusory White Knight in the Pandemic

The antiviral drug Avigan was developed by the firm Fujifilm Toyama Chemical in 2014, and it was later envisioned as Japan’s leading prospect to solve the global Covid pandemic. The drug was enthusiastically promoted by former Prime Minister Shinzo Abe, but this October its development was quietly terminated.

Reassessing China’s “Debt Trap Diplomacy” in Africa

China’s “debt trap diplomacy” has been widely denounced by both the West and Japan, and it formed an underpinning theme for the latest edition of the Tokyo International Conference on African Development (TICAD VIII). However, the fact of the matter is that G7 countries, not China, are the largest holders of African debt.

No Progress for Japan’s Working Poor

Due to rising inflation, the recent decision to hike the average minimum wage appears set to offer little or no advance to the real quality of life for low-income Japanese. This comes in spite of Prime Minister Fumio Kishida’s economic policy theme of “New Capitalism,” which is supposed to create a fairer society by enhancing the living standards of ordinary citizens.

America’s Belt and Road Initiative

The Partnership for Global Infrastructure and Investment (PGII) is the United States’ latest attempt to challenge China’s global investment strategy, the better-established Belt and Road Initiative, but it is unclear how serious a challenge PGII can present to Beijing.

Voices of Japan’s Stranded

Japan’s decision to exclude most foreigners, including many foreign residents, from entering or reentering the national borders during the Covid pandemic has had a human and reputational cost which the mainstream media has tended to either ignore or to downplay.