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Reuters (October 3)

2022/ 10/ 03 by jd in Global News

“A revival of American high-tech manufacturing” will pose a threat to South Korea’s “trade-dependent” economy. “Thanks to strong demand for South Korean-made electric cars, batteries and auto parts, shipments to the United States jumped 16% year-on-year in September. Those exports, which totaled some $96 billion last year, now look under threat. Big shifts today will have outsized effects on South Korea’s trade position down the road.”

 

The Economist (February 9)

2019/ 02/ 11 by jd in Global News

Foxconn is scaling back its plans to build a giant plant in Wisconsin. “At first glance, the Foxconn reversal confirms that American manufacturing is in trouble.” Other “recent wobbles” have included a Tennessee plant closing by Electrolux and Caterpillar’s disappointing results. “A closer look, however, suggests manufacturing is undergoing a revival, especially among agile smaller firms and those using advanced techniques.”

 

The Economist (November 3)

2018/ 11/ 05 by jd in Global News

It’s “sunrise in Tokyo… After three decades out of fashion, the country’s companies are ready for a revival.” At last, “Japan’s stock market is poised for a comeback.” Japan has had and still has its detractors, but “for the first time in years, Japanese companies are playing a tune that investors are able to whistle.”

 

Financial Times (March 6)

2015/ 03/ 07 by jd in Global News

The European Central Bank’s “meeting on Thursday was a rare example of the ECB having some good news to celebrate. Not only were there signs of revival in the economy, but the prospect of a happier future was increased by its decision to push ahead with its entirely appropriate programme of quantitative easing (QE).” The ECB “should continue with the programme until the trickle of good news has become a sustained and steady flow.”

 

Financial Times (May 17)

2011/ 05/ 20 by jd in Global News

Is Japan’s revival dependent on stronger ties with China? The former editor-in-chief of the Asahi Shimbun argues just this point. “While talk of a new industrial revolution may sound optimistic, recall that some of Japan’s best-known companies, including Panasonic, Sharp, and Toyota, laid the foundation of their manufacturing business atop the wreckage of the Great Kanto earthquake of 1923. For a repeat, China may be the key.” Much as relations with the U.S. were central to the post-war recovery, “a more stable and trustworthy relationship between Japan and China is also essential to Japan’s rebuilding. This is the moment of truth as to whether or not Japan will remain a global power.”Is Japan’s revival dependent on stronger ties with China? The former editor-in-chief of the Asahi Shimbun argues just this point. “While talk of a new industrial revolution may sound optimistic, recall that some of Japan’s best-known companies, including Panasonic, Sharp, and Toyota, laid the foundation of their manufacturing business atop the wreckage of the Great Kanto earthquake of 1923. For a repeat, China may be the key.” Much as relations with the U.S. were central to the post-war recovery, “a more stable and trustworthy relationship between Japan and China is also essential to Japan’s rebuilding. This is the moment of truth as to whether or not Japan will remain a global power.”

 

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