“There is a profound shift underway – a tilt – in economic power from the northern hemisphere to the fast-developing markets and economies of the South,” says acclaimed business author Ram Charan. Terra Motors Co. Ltd., an electric vehicle company based in Japan, is a firm that has promptly addressed this tilt; 95% of the company’s sales are from South Asian and Southeast Asian countries like India, Bangladesh, Vietnam, and the Philippines. It has recently expanded its shares in the electric vehicle market in these countries, and predicts that it will make 30 billion yen (US$270 million) in this market period.
This should be the best of times for the New Komeito Party. Somehow they remained loyal partners of the Liberal Democratic Party (LDP) even after the crushing electoral defeat of August 2009, and they patiently weathered more than three years on the opposition benches while the Democratic Party of Japan (DPJ) mismanaged the nation. By rights, the last two national elections should be judged a triumph in which this party performed well and its ally came to dominate the government ranks.
Beijing’s declaration of an Air Defense Identification Zone (ADIZ) covering the Senkaku-Diaoyu Islands and part of the waters between Japan and Taiwan has prompted a strong reaction from Tokyo and, generally speaking, has left nobody in East Asia indifferent.
During his recent visit to Canada and the United States, Prime Minister Shinzo Abe made a number of interesting visits and public statements, once again demonstrating that he tends to give rather different messages to international audiences as compared to what he says at home.
Japanese Prime Minister Shinzo Abe’s late May to Myanmar (Burma) has highlighted the scale of Japan’s interests in the country. These not only include trade, investment, and economic cooperation, but also comprise national security themes. Myanmar is home to key natural resources, offers cheap labor and untapped markets, and is located at a strategic crossroads.