Bloomberg (November 8)
“As China’s might increases, India’s influence flowers, South Korea grows more competitive and Indonesia booms, Japan’s standing is waning faster than Tokyo realizes.” Can Japan adapt? First it will need to abandon the “head-in-the-sand dynamic,” characteristic of the recent Olympus scandal, “that many investors had hoped was a thing of Japan’s past.”
“As China’s might increases, India’s influence flowers, South Korea grows more competitive and Indonesia booms, Japan’s standing is waning faster than Tokyo realizes.” Can Japan adapt? First it will need to abandon the “head-in-the-sand dynamic,” characteristic of the recent Olympus scandal, “that many investors had hoped was a thing of Japan’s past.”