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|SNS Subscriber Edition ||Volume 15, Issue 29 ||Week of July 23, 2012 |
Asia Letter, Q3 2012:
[Please open the .pdf attachment for best viewing.]
By Scott Foster
SNS Asia Editor [Tokyo]
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Publisher's Note: I have just had the pleasure of spending an entire day with Asia Editor Scott Foster, visiting from Tokyo even as this issue goes to publication. Our conversations ran from the subjects discussed here – Japan's corporate and political responses to the domestic problems its recent crises have highlighted – to deeper issues of Japan vs. China, mercantilism vs. free trade and invention, Japan investing in India, the backdown of Western banking in Japan and Asia, and many other fascinating, and important, trends that Scott sees daily from his post in Tokyo.
Once again, Scott has brought us a view of life in Japan that goes beyond the usual business reports, helping us understand the psychological, social, political, and business effects of the failure of TEPCO management, and of the government, to deal with the Fukushima crisis, and then to deal with the public's concerns over the issues of restarting the country's nuclear power plants.