economy

Just how dependent is Japan on secure trade routes?

Very. ENERGY (source: CIA World Factbook, 2010) Oil: Production: (2008 estimate): 133,100 barrels/day Consumption (2008 estimate): 4.785 million barrels/day (world rank: 4th) Imports: (2008 estimate): 5.263 million barrels/day (world rank: 3rd) Reserves: (2009 estimate) 44.12 million barrels Natural Gas: Production: (2008 estimate): 5.36 billion cu. m. Consumption: (2008 estimate): 101.1 billion cu. m. (world rank:...

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For Japanese, is China’s rise a good or bad thing? It depends.

According to a poll taken by the Pew Research Center, among the countries that constitute the developed world, China’s military and economic rise is generally viewed as a bad thing. With one major–somewhat surprising–exception. China’s emerging military power was considered a “bad thing” by 88 percent of survey takers in Japan, 87 percent in France,...

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Japan’s economy picking up

Well, this is certainly welcome news. 4.9% GDP growth in the first quarter of 2010. That exceeds growth during the same period in both the U.S. and Europe. Robust sales of Japanese products in emerging countries are beginning to set off a cycle of sustainable growth in Japan. As stronger exports shore up earnings, Japanese...

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