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China fears spur Japan trade deal push.(FRONTLINE)
Business Asia
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December 1, 2003|
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COPYRIGHT 2003 First Charlton Communications Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Japan is desperate to enter into trade deals with the rest of Asia. Imagine that, free market ideals are blooming in Asia and all because of Japan.
The cause of this frenetic competition on Japan's part has to be fear of China's success as an exporter. Japan, the original "export or die" nation, has a competitor, China, breathing down its neck.
China has already carved out a permanent role for itself as an exporting giant vis-a-vis the West. One look at China's huge and ever-growing surplus with the US shows a future Japan may not like to face.
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