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Risk Management Strategies of Japanese Companies in China

Risk Management Strategies of Japanese Companies in China
Author: Kristin Vekasi
Publisher: Routledge
Total Pages: 199
Release: 2019-06-14
Genre: Business & Economics
ISBN: 0429557310
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In the context of political tensions and rising economic interdependence between Japan and China, this book studies how Japanese multinational companies try to minimize damages and manage their own fear and uncertainty to sustain their business interests. Using a qualitative approach, including over 150 interviews with Japanese and Chinese business and industry leaders, combined with statistical analysis of unique firm-level data, this book brings a ‘firm-level view’ to this crucial case of political conflict amid economic interdependence. It argues that there is wide variation in the degree of material damages Japanese multinationals sustain in the aftermath of political disputes, and how threatening they perceive the risks of political conflict to be. This book then goes on to evaluate the different responses to risk, from promoting Japan's culture through privately funded tactics and building common cause with the government, to diversifying a portion of assets abroad and even leaving China entirely. Presenting a new angle on economic globalization in the Asia Pacific region, Risk Management Strategies of Japanese Companies in China will be useful to students and scholars of Asian politics, business, and economics as well as international political economy.

Focus China

Focus China
Author: René Haak
Publisher: IUDICIUM Verlag
Total Pages: 227
Release: 2003
Genre: Political Science
ISBN: 3891298447
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Despite the dynamic growth of its economy over the last 20 years, China still has a long way to go to catch up with Japan. In commercial and technological terms, Japan is still the dominant economy in East Asia and is still the leading source of product, production and management innovations in the region, especially in the automotive and electronic industries. However, China is closing the gap year by year. The development of bilateral foreign trade, the increase of Japanese FDI and ODA towards China, and intensified financial and technical co-operation illustrate the considerable potential for mutually profitable business. The Chinese market is opening up and Chinese products are increasingly gaining competitiveness in world markets, threatening the incumbent Japanese firms. Japanese and Chinese companies face each other across a changing competitive environment, which is posing new challenges to corporate and business strategies. Within the context of these developments this book looks from different perspectives at how Japanese companies are reacting to the challenges and opportunities offered by China.

Critical Minerals, the Climate Crisis and the Tech Imperium

Critical Minerals, the Climate Crisis and the Tech Imperium
Author: Sophia Kalantzakos
Publisher: Springer Nature
Total Pages: 218
Release: 2023-02-28
Genre: Science
ISBN: 3031255771
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This book examines the latest manifestations of resource competition. The energy transition and the digitalization of the global economy are both accelerating even as geopolitics driven by Sino-American hyper-competition become increasingly contentious. The volume brings together an interdisciplinary group of scholars, policy makers, institutional stakeholders, and industry experts to analyze not only the transition itself, but also the implications that the need for uninterrupted access to unprecedented levels of raw materials generates. By framing the challenges ahead for global society, governance, industry, international power politics, and the environment, the book asks hard questions about the choices that need to be made to reach net zero by mid-century. Moreover, it sheds light on different facets of the growing risks to what have been global interdependent supply chains in a way that is nuanced, balanced, and practical, thus pushing back on some of the most sensational headlines that breed confusion and may lead policymakers to make more narrow and less effective decisions. The volume is an outcome of “Rich Rocks, the Climate Crisis and the Tech-imperium” a Summer Institute at Caltech and the Huntington that took place in July 2021.

Japan’s Cold War Policy and China

Japan’s Cold War Policy and China
Author: Yutaka Kanda
Publisher: Routledge
Total Pages: 301
Release: 2019-11-22
Genre: History
ISBN: 1351721232
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From 1960s to the early 1970s in East Asia, the Cold War bipolar system, centering on the US and USSR, shifted to a more complicated structure. After the Cuban Missile Crisis, Washington and Moscow accelerated the détente process, leading China to fear a "collusion" of the two superpowers. Publicly attacking its former ally while continuing to fight against America, China rose as a symbol of multipolarization in international politics during this era. Focusing on Japan’s policy toward this changing paradigm, Kanda examines Japanese leaders’ perceptions of the international order and how they reacted to this changing international environment. This book moves beyond the traditional Eurocentric view of the Cold War, emphasizing the significant role Japan played. The research provides insight into the foreign policy patterns of post-World War II Japanese diplomacy, particularly in relation to China and the USSR. The investigation relies on careful readings of archival records from Japan, China, Taiwan, the US, the UK, Australia and the UN, published diplomatic documents from France and Germany, and personal papers, diaries and memoirs. This volume will appeal to anyone who is interested in postwar Japan's politics and diplomacy, international history of East Asia, and the Cold War history in general.

Economic Effects of Political Shocks to Sino-Japanese Relations (2005-2014)

Economic Effects of Political Shocks to Sino-Japanese Relations (2005-2014)
Author: Franziska Schultz
Publisher: Springer
Total Pages: 156
Release: 2019-06-10
Genre: Political Science
ISBN: 3658266597
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Diplomatic issues, i.e. the textbook discussion, the Yasukuni debate, and the Senkaku/Diaoyu Islands dispute cause political shocks to Japan-China relations, but economic exchange is maintained. Franziska Schultz discusses political shocks within bilateral relations, analyzing shocks in 2005, 2010 and 2012 causing economic spillovers, such as boycotts, property damage and decreasing numbers of Chinese tourists to Japan. The correlation of monthly trade data with political conflict values (2005-2014) created by the author is analyzed with a vector autoregression (VAR) model. A qualitative content analysis of reports by the Japan-China Economic Association (1981-2015) according to Früh (2011) evaluates whether spillovers play a role for Japanese economic actors involved in China business.

The Rise and Fall of Abacus Banking in Japan and China

The Rise and Fall of Abacus Banking in Japan and China
Author: Yuko Arayama
Publisher: Bloomsbury Publishing USA
Total Pages: 204
Release: 2000-05-30
Genre: Business & Economics
ISBN: 156750700X
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Bankers in Japan and China are masters of accounting, not risk management, and American-style rescue packages won't solve their banking crises. Cleaning up balance sheets and purging non-performing loans won't work either, say Arayama and Mourdoukoutas. The problem goes deeper. It stems from high growth environments and tight government regulation. The result has been to limit competition in Japan and eliminate it in China. And that led to the control of management behavior, which weakened incentives for Japanese and Chinese bank decision-makers to manage, hands-on, their traditional and nontraditional banking risks. Adding to the problem is rationed credit, reflecting MITI and MOF priorities in Japan and those set by the central planning authorities in China. Japanese bankers have been turned into experts on the abacus, the ancient calculator, but they have little experience with or understanding of the other more important aspects of the banking enterprise. Arayama and Mourdoukoutas lay it all out in a challenging, provocative, readable study and analysis. It is an essential resource for academicians and policymakers in business, government, and international finance and investment. Arayama and Mourdoukoutas make it clear that Japanese and Chinese bankers must learn how to behave as for-profit institutions, where managers are accountable to the owners and other stakeholders. Second, they must be freed from government directives (in China) and guidance (in Japan) that control their day-to-day operations, and which restrict freedom to develop new products and businesses. Third, Japanese and Chinese bank managers must learn to act as true bankers. They must learn how to manage credit risk and function as public trading corporations. They must also learn how to deal with transparency and full disclosure rules and regulations, just as their Western counterparts must and do. In other words, say the authors, bank managers must escape the abacus mentality and learn how to use their brains rather than their fingers... and that may take much longer than anxious Western observers would have expected.

The Oxford Handbook of Japanese Politics

The Oxford Handbook of Japanese Politics
Author: Robert J. Pekkanen
Publisher: Oxford University Press
Total Pages: 1001
Release: 2021-10-25
Genre: Political Science
ISBN: 0190050993
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"Book Abstract and Keywords: The study of Japanese politics has flourished over the past several decades. This Handbook provides a state-of-the-field overview for students and researchers of Japanese. The volume also serves to introduce Japanese politics to readers less familiar with Japan. In addition, the volume has a theme of "evaluating Japan's democracy." Taken as a whole, the volume provides a positive evaluation of the state of Japan's democracy. The volume is divided into two parts, roughly corresponding to domestic Japanese politics and Japan's international politics. Within the domestic politics part, there are four distinct sections: "Domestic Political Actors and Institutions," covering the Japanese Constitution, electoral systems, prime minister, Diet, bureaucracy, judiciary, and local government; "Political Parties and Coalitions," covering the Liberal Democratic Party, coalition government, Kōmeitō, and the political opposition; "Policymaking and the Public," covering the policymaking process, public opinion, civil society, and populism; and, "Political Economy and Social Policy," covering industrial, energy, social welfare, agricultural, monetary, and immigration policies, as well as social inequality. In the international relations part, there are four sections: "International Relations Frameworks," covering grand strategy, international organizations, and international status; "International Political Economy," covering trade, finance, foreign direct investment, the environment, economic regionalism, and the linkage between security and economics; "International Security," covering remilitarization, global and regional security multilateralism, nuclear nonproliferation, naval power, space security, and cybersecurity; and, "Foreign Relations" covering Japan's relations with the United States, China, South Korea, ASEAN, India, the European Union, and Russia. Keywords: international relations, comparative politics, democracy, international order, alliances, space security, elections, Liberal Democratic Party, multilateralism, remilitarization, international organizations, populism, civil society, coalitions, political parties, trade, finance monetary policy, foreign direct investment, cybersecurity"--

Japanese Democracy and Lessons for the United States

Japanese Democracy and Lessons for the United States
Author: Ray Christensen
Publisher: Routledge
Total Pages: 188
Release: 2020-02-25
Genre: Political Science
ISBN: 1000036766
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This book presents a collection of lessons on how best to run elections and politics, using examples from the Japanese experience and showing how elections operate in a non-Western democracy. Featuring extensive data and evidence from both Japan and the United States, the themes covered include one-party rule, ballot security and voting procedures, election regulations, malapportionment and gerrymandering, court interventions, voter attachments, and distortions of the public will by election rules. In so doing, the analysis challenges conventional wisdom in both Japan and the United States, highlighting surprising and counterintuitive findings from decades of observation. This book also explicitly compares Japan to other, similarly situated democracies. Japan is therefore not treated as a standalone case but, rather, the lessons from Japan are contextualized for greater understanding and can be used to inform discussions about comparative elections and democracy. Offering practical advice in relation to elections and the functions of democracy, Japanese Democracy and Lessons for the United States will be useful to students and scholars of Japanese, US, and comparative politics.

Chinese Constructions of Sovereignty and the East China Sea Conflict

Chinese Constructions of Sovereignty and the East China Sea Conflict
Author: Czeslaw Tubilewicz
Publisher: Routledge
Total Pages: 384
Release: 2019-08-21
Genre: Political Science
ISBN: 1000692639
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This book analyses Chinese social constructions of sovereignty in the context of the East China Sea conflict. It specifically explores China and Taiwan’s overlapping cross-Strait sovereignty claims and their domestic debates and policies towards the territorial dispute. Providing an up-to-date discussion of the East China Sea conflict, the book challenges conventional assumptions regarding both Beijing’s and Taipei’s adherence to the classical notion of Westphalian sovereignty. Instead, it brings China and Taiwan into the Constructivist analytical framework and develops a domestic agency-focused approach to demonstrate the social power of ideas and the centrality of domestic actors in the production of sovereignty. Offering a comprehensive examination of Chinese, Taiwanese, Japanese and US responses at the domestic and international levels, the book studies the sovereignty narratives and the coordination of efforts made by the PRC and ROC authorities to counter Japan’s territorial claims in the East China Sea. Featuring extensive analysis of the conceptual approaches to understanding Chinese sovereignty, Chinese Constructions of Sovereignty and the East China Sea Conflict will be useful for students and scholars of Chinese and Asian politics, as well as international relations and security studies.

Global Business Strategy

Global Business Strategy
Author: Kazuyuki Motohashi
Publisher: Springer
Total Pages: 265
Release: 2015-03-25
Genre: Business & Economics
ISBN: 4431554688
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This book presents theories and case studies for corporations in developed nations, including Japan, for designing strategies to maximize opportunities and minimize threats in business expansion into developing nations. The case studies featured here focus on Asia, including China and India, and use examples of Japanese manufacturers. Five case studies are provided, including Hitachi Construction Machinery and Shiseido in China and Maruti Suzuki in India. These cases facilitate the reader’s understanding of the business environments in emerging economies. This volume is especially recommended for business people responsible for international business development, particularly in China and India. In addition, the book serves as a useful resource for students in graduate-level courses in international management.