Free Essay

What Is the Impact of Tension Relationship Between Japan and China in the Past Ten Years?

In:

Submitted By CHRISZHANGYANG
Words 2039
Pages 9
Outline:

Introduction:
1.Background of Japan and China relationship

2. The causes of the tense relationship between Japan and China in the past ten years 2.1 The visitation of Yasukuni shrine 2.1.1 Background of Yasukuni shrine 2.1.2 Leaders of Japan and Yasukuni shrine 2.1.3Yasukuni’s international relation

2.2 The DiaoYu island incident 2.2.1 Background of DiaoYu island 2.2.2 Recent situation of DiaoYu island and its impact on economic activities

3.Effects of tense relationship between Japan and China

3.1 Negative economic effect for both countries 3.1.1 Japanese companies in China 3.1.2 Chinese workers in Japan

3.2 Economic importance 3.2.1 China as a economic partner to Japan 3.2.2 Japan as a economic partner of China 3.2.3 Japan is looking for alternative

Conclusion

Introduction:
Background of Japan and China relationship

China and Japan has been stayed in a very peaceful manner from the past 30 years. The signing of the "Sino-Japanese Joint Statement", "Sino-Japanese Treaty of Peace and Friendship", "Sino-Japanese Joint Declaration" built a peaceful foundation for Japan and China after World War Two.(Burns, 2000) Moreover, after Deng Xiaoping visited Japan and started his “opening-up” policy, China has opened up her economy door to Japan and the interactions of economic and culture between two countries had also reached to a peak when China became Japan’s biggest trade partner in 2004. However, for the past ten years from 2004 to 2014,there are so many political incidents such as the Prime Minister of Japan visited Yasukuni Shrine and the Diaoyu (Senkaku island )incident which has led to dissatisfaction from both countries. The political tension implicitly or explicitly gave an strong impact on the economy for both countries and it can be illustrated from the example of destroying Japanese shops and cars in China during the Diaoyu Island incident in 2010. It can be also proven by the example of the Japanese blaming China of withholding its reserves of rare earth elements in 2010. (Ankit Panda, 2014).

2.1 The visitation of Yasukuni shrine

2.1.1 Background of Yasukuni shrine

The visitation of Yasukuni Shrine is one of the causes of the tense relationship between Japan and China in the past ten years. Yasukuni Shrine was built to commemorate people who died for Japan during the wartimes, more than 2456000 divinities are enshrined at Yasukuni Shrine and this include 14 Class A war criminals. (Yasukuni.or.jp, 2014)

2.1.2.3Leaders of Japan and Yasukuni shrine and Yasukuni’s international relation

The Chinese could not accept that those Class A should not be inside the Shrine and worshiped by the people, especially by the Prime Minister of the Japan as it is very disrespectful to victim countries. The Global Times states that the conflict between two countries will lead to a “lose-lose situation” and “China has spent too many unnecessary resources and attention on Japan’s irresponsible attitude towards history.”(BBC News, 2014)

2.2 The DiaoYu island incident

2.2.1 Background of DiaoYu island
On 7th of September, 2010 a Chinese fishing craft collided with two Japanese patrol boats around the Diaoyu island known as Senkaku in Japan in the East China Sea. The Japanese coast guard arrested the Chinese fishing craft captain Zhan Qixiong. This incident has brought many protests in many cities of China, moreover, China started to withhold its reserves of rare earth elements to Japan. Politically, Chinese premier Wen Jiabao canceled the meeting with Naoto Kan on 1st of November.

2.2.2 Recent situation of DiaoYu island and its impact on economic activities

Moreover, many Japanese cars and shops were destroyed in many cities in China. The tension gets even worse when Japan had signed a contract to buy Diaoyu Island from their private owner on 11th of September. (BBC News, 2012). During the protests against Japan, many Japanese businesses and shops in China were closed for the safety purposes (thestar.com, 2014). Since the 16th of September, most Chinese group tours were canceled, China Comfort Travel Group Co Ltd, one of the biggest travel agencies in China announced that its 220 branches and 5500 offices across the country have canceled the tours to Japan. (Eturbonews.com, 2014). On the same year, the people who chose to travel to Japan as a travel destination during the National Day Holiday had dropped by 30 to 50 percent compared to the same period in previous years. (Eturbonews.com, 2014)

The incident would bring huge financial loss to both countries’ travel agency and tourism industry. Acccording to the Japan National Tourism Organization

According to the figure above, the number of tourists dropped to 69713 from 121673 the previous month due to the Diaoyu island incident. Overall figures for 2012 fell by 34.3 from the previous year.

Among the 19 countries and regions surveyed by the JTA group. Chinese tourists spent the most in Japan about 12000 Yin per person. The dropping of Chinese tourists had a very big impact on Japanese economy. (Chinareadynews.com, 2014)

3.1 Negative economic effect for both countries .

3.1.1 Japanese companies in China

The anti-Japanese sentiment in China together with the increasing labor costs and strikes, many Japanese firms started to shut down their companies in China and moved to other regions.

“Japanese companies should learn how to leave from China as soon as they enter it. They should review corprate charters just in case,” stated by Akihiro Maekawa. The anti-Japanese sentiment in China is so strong which makes Japanese firm no longer popular in China or the Diaoyu Islands dispute and the consequenet anti-Japan protests just reminded the Japanese firms in China to change their investment strategy and it is a must to move out from China.

In the 1970s and 1980s, the Chinese officials welcome Japanese firm as the domestic economy is not running good during those years. The influx of Japanese firms will create jobs and pay tax to the government. Also, many Japanese companies practices life employment even though the companies are in overseas, It makes working in a Japaanese company a very popular choice and many Chinese have benefited through working in the Japanese companies.

3.1.2 Chinese workers in Japan
The Chinese workers in Japan is a very small percentage of total Japanese workforce and most Chinese workers come through the back door due to “guanxi” and relationship. Students in Japanese language school can work 28 hours a week, but many students are holding more than one job and working for more than 28 hours. The trend of Japanese companies hiring more Chinese is increasing,to allow employees to know both countries and open Chinese market in the future. In Japan, as the right-wings supporters are not in a big percentage so that most of the Chinese workers are not influenced by the incident.

3.2 Economic importance

3.2.1 China as a economic partner to Japan

China is the biggest trading partner to Japan with total trade volume of $301.9 billion dollars in 2010. It almost doubled United States of $185.4 billions.

Country Exports Imports Total Trade China 149.1 152.8 301.9 United States 118.2 67.2 185.4 South Korea 62.1 28.5 90.6 Taiwan 52.2 23.0 75.2 Australia 15.8 45.0 60.8 Thailand 34.1 21.0 55.0 Indonesia 15.9 28.1 44.0 Hong Kong 42.1 1.5 43.7 Saudi Arabia 6.5 35.8 42.2 Malaysia 17.6 22.6 40.2 Germany 20.2 19.2 39.5 United Arab Emirates 7.3 29.2 36.5 Singapore 25.1 8.1 33.3 Russia 8.0 16.1 24.1 Qatar 1.1 21.6 22.8

Thus, it is very easy to see that China is very important to Japan as a trading partner.

3.2.2 Japan as a economic partner of China

The below graph shows the figure of trade when Japan is considered as an economic partner of China in 2011.

Region Exports Imports[1] Total trade Trade balance Hong Kong 268.0 15.5 283.5 +252.5 United States 324.5 122.2 446.7 +202.3 European Union 356.0 211.2 567.2 +144.8 India 50.5 23.4 73.9 +27.1 Russia 38.9 40.3 79.2 -1.4 Brazil 31.8 52.4 84.2 -20.6 ASEAN 170.1 192.8 362.9 -22.7 Japan 148.3 194.6 342.9 -46.3 South Korea 82.9 162.7 245.6 -79.8 Taiwan 35.1 124.9 160.0 -89.8

Japan is not the biggest trading partner and it is only the third biggest in 2011. Therefore, the dependency of economic activity is different which makes China stands in a relatively advantage position.

3.2.3 Japan is looking for alternative

Since the hatred sentiment in China is so high, the Japanese firms are looking for alternative. The labor cost in China has been rising steadily at a rate above 10% every year, and the average monthly wage is $439 in Shanghai, $325 in Manila,$286 in Bangkok, $135 in Ho Chi Minh and only $68 in Myanmar. (Kuchikomi, 2012).Japan can set up their firms in any of those places above. It is clearly shown that in 2013, there is a 18% fall in the direct investments in China, but they doubled in Southeast Asia. Some of the firms stated the reason for shifting companies was due to the rising wages, but the main reason was a rising political risk for Japanese business operating in China.(Ivanovitch, 2014)

In conclusion, Japan and China’s tension in politics will directly affect the economy and business of both countries. From the analysis, it is bad if both countries continue this situation in the long run. Both countries have been in a “hot in economic, but cold in politic” situation, and it is not going to sustain in the long run. It is essential for both countries to solve the historical and political issue first then continue a long and sustainable economic friendly long term friendly relationship.

Reference:
Ankit Panda, T. (2014). WTO Finds Chinese Rare Earth Export Restrictions in Violation of International Trade Law. [online] The Diplomat. Available at: http://thediplomat.com/2014/03/wto-finds-chinese-rare-earth-export-restrictions-in-violation-of-international-trade-law/ [Accessed 18 Sep. 2014].

BBC News, (2012). China sends ships in islands row. [online] Available at: http://www.bbc.com/news/world-asia-china-19553736 [Accessed 6 Oct. 2014].

BBC News, (2014). China media: Yasukuni shrine. [online] Available at: http://www.bbc.com/news/world-asia-china-28799811 [Accessed 6 Oct. 2014].

Burns, K. (2000). China and Japan: Economic Partnership to Political Ends. Economic Confidence-building and Regional Security, Washington, DC: Henry L. Stimson Center, pp.27--58.

Chinareadynews.com, (2014). China Ready News | Chinese in Japan: Return of the Big Spenders. [online] Available at: http://chinareadynews.com/1245/chinese-in-japan-return-of-the-big-spenders/ [Accessed 6 Oct. 2014].

Eturbonews.com, (2014). Chinese tourists canceling their trips to Japan Islands dispute with China may hurt Japanese .... [online] Available at: http://www.eturbonews.com/31190/islands-dispute-china-may-hurt-japanese-tourism-recovery [Accessed 6 Oct. 2014].

Ivanovitch, M. (2014). China and Japan decoupling business from politics?. [online] CNBC. Available at: http://www.cnbc.com/id/101741209#. [Accessed 6 Oct. 2014].

Kuchikomi, (2012). China less attractive to Japanese firms - but not because of riots ‹ Japan Today: Japan News and Discussion. [online] Japantoday.com. Available at: http://www.japantoday.com/category/kuchikomi/view/china-less-attractive-to-japanese-firms-but-not-because-of-riots [Accessed 6 Oct. 2014].

thestar.com, (2014). Japan businesses shuttered in China as protests rage | Toronto Star. [online] Available at: http://www.thestar.com/news/world/2012/09/18/japan_businesses_shuttered_in_china_as_protests_rage.html [Accessed 6 Oct. 2014].

Yasukuni.or.jp, (2014). About Yasukuni Shrine│Yasukuni Shrine. [online] Available at: http://www.yasukuni.or.jp/english/about/index.html [Accessed 6 Oct. 2014].

Similar Documents

Premium Essay

To What Extent Has China and India Effcted J

...To what extent has China and India effected Japan`s economy between the years of 2009 -2014? Mejia Restoration. In ancient Japan the Tokugwa Period, commonly known as the Edo Period occurred between1603-1863. During this time economic and political stability was maintained in the country under the rule of the Shogunate (1). The Shogunate refers to a military style dictatorship, in which the Emperor granted high ranking military commanders the ability to control and wield power over Japan. The Tokugawa era, were considered to be the last of the shogun period in Japan To create social stability in Japan, the Shogun implemented a systematic plan, which separated the four main classes. Namely: The samurai (warriors) at the top, followed by farmers, artisans, and lastly peasants. The Shoguns were considered to be the bureaucrats of the country. In comparison the peasant class accounted for 80 % Japan’s population were restricted to engaging activities that were associated with agricultural and farming. The reason for this is that the Shogun wanted to ensure that those with authority and power were able to generate a stable source of income from their land, while leaving the peasants with little to survive on. The political stability of the Tokugawa period was under threat due to the colonial expansions of countries such as Portugal and Spain into Asia, via catholic missionaries (1). The reason why the Towkugwa Shogun`s feared catholic missionaries, was that they believe...

Words: 12662 - Pages: 51

Free Essay

Competing on Analytics Paper Review

...BRAZIL: Over the past few years, Brazil has moved from a country with great promise 'some time in the future' to being seen as one of the hottest investment opportunities in the world.  A more stable political system and currency, coupled with vast mineral wealth of the country make Brazil a 'must' for all companies with truly global ambitions. With a population of 194 million, Brazil represents the fifth largest market opportunity in the world — after China, India, Indonesia and the USA. It is also the fifth largest country in the world by geographic size. An IMF (International Monetary Fund) report indicates that Brazil leads all other South American countries in terms of infrastructure and technological development. Combine these facts with the stabilising economic and political landscape — (the twin nightmares of corruption and hyper-inflation ravaged the country for decades) — and it is easy to see why Brazil attracts a higher percentage of total global foreign direct investment year on year. However, anybody wishing to do business with Brazil and the Brazilians should be aware of the various cultural and structural barriers which might confront them. Probably the most pervasive barrier encountered by the unwary traveller would be the 'Custo Basil' or the 'Brazil Cost'. This term refers to the very real extra costs of doing business in Brazil — corruption, governmental inefficiency, legal and bureaucratic complications, excessive taxation, poor infrastructure, inflation...

Words: 27633 - Pages: 111

Premium Essay

Iran

...Bruce W. Jentleson Strategic Recalibration: Framework for a 21stCentury National Security Strategy T he release of the Obama administration’s 2014 National Security Strategy comes amidst increasing criticism of its strategic savvy. Some are rank partisan, some Monday-morning quarterbacking. Some, though, reflect the intensifying debate over the optimal U.S. foreign policy strategy for our contemporary era. At one end of the debate are those advocating retrenchment, who see limited global threats on one hand and prioritize domestic concerns on the other—be they the budget-cutting of the Tea Party right or the nation-building-at-home of the progressive left. At the other end are neoconservatives and others pushing for re-assertiveness. This is based on a bullish assessment of U.S. power and the contention that it still is both in the U.S. national interest and that of world order for the United States to be the dominant nation. While retrenchment overestimates the extent to which the United States can stand apart, reassertiveness overestimates the extent to which it can sit atop. The United States must remain deeply and broadly engaged in the world, but it must do so through a strategy of recalibration to the geopolitical, economic, technological, and other dynamics driving this 21st-century world. This entails a re-appraisal of U.S. interests, re-assessment of U.S. power, and re-positioning Bruce W. Jentleson is a Professor at Duke University, Sanford...

Words: 9655 - Pages: 39

Free Essay

Nhd- the White Terror

...for dominoes, of course- everyday events have occurred like this too. A perfect example of the domino effect is the Communist split from the Nationalists, commonly known as the White Terror. This sudden purge only lasted around three nights, but the effects of the split would last for many decades in the future. The Chinese Communist Party (CCP) split from the Chinese Nationalists in 1927 affected both China itself and other foreign nations through the triggering of major wars, changes in international relations, and the formation of modern China- one of the world’s leading economies. The effects of the split, both positive and negative, would last for many years to come. After splitting from the Nationalists, Mao Zedong led the legendary Long March- a campaign that would garner support for him and split the country into two parties. Although the route was extremely long and dangerous, the popularity gained along the way sustained the marchers. As Mao Zedong wrote in his 1935 poem The Long March, “the Red Army fears not the trials of the Long March, holding light ten thousand crags and torrents ... Min Mountain's thousand li of snow joyously crossed, the three Armies march on, each face glowing” (Johnson). The Long March mainly crossed the Chinese countryside, a greatly beneficial move, as this is where the Communists were greeted with newfound supporters ready to be enlisted into the Red Army. After Mao took the lead from Otto Braun, a Russian agent sent to...

Words: 4155 - Pages: 17

Premium Essay

Japan Analysis

...What are the trends in growth, inflation, unemployment, and debt? Over the last ten years Japan had a tremendous growth. It is no surprise for a country like Japan to have an increase in GDP among the last ten years; it had a GDP of $4.3 trillion in 2004 and kept increasing till it reached $5.96 trillion in the end of 2013 (Trading Economics, 2013). This significant increase in in the GDP is due to the increase in the net exports, since nowadays Japan is known as the world’s second largest developed economy. Japan exports a lot of automobiles because it is one of the leading countries in the production of automobiles that are spread all over the world. Moreover, Japan is the largest creditor nation while running an annual trade surplus. The GDP per capita increased from $29369.49 in 2004 to $31425.49 in 2013 (Trading Economics, 2013) meaning that the economy is vigorous since people are earning more so they have more disposable income to spend which vitalities the economy and the services thus leading the economy to thrive. All these conditions led the growth rare to increase from 0.1% in 2004 to 0.3% in 2013 (Trading Economics), however it is still considered low since it only increase 0.2%. In general we can come to a conclusion that the Japanese economy is healthy and is experiencing a positive growth. Since we already know that the economy in Japan is booming it would be rational to say that there are new opportunities for new positions in the market, the demand for workers...

Words: 7147 - Pages: 29

Premium Essay

Chinese Economy

...RESEARCH PAPER 06/36 19 JUNE 2006 A Political and Economic Introduction to China “If the 20th century ended in 1989, the 21st began in 1978” Martin Jacques, The Guardian, 25 May 2006 China’s political and economic rise and what it means for the world is now a central preoccupation of analysts and policy-makers. Public awareness of China is likely to increase as the 2008 Olympics in Beijing draw near. This Research Paper is intended to act as a resource that Members of Parliament and their staff can draw upon when engaging with China’s remarkable transformation. Part I provides key facts and figures about China. Parts II and III review recent developments and future prospects by addressing four key questions. Is political authoritarianism sustainable? Can China’s development be peaceful? What are the main domestic economic challenges facing China? What is China’s impact on the world economy? Part IV summarises key aspects of UK and EU relations with China. The Paper ends with a select bibliography of key sources. The Research Paper is intended to act as a platform for a series of Library Standard Notes that will address in more depth specific issues about China that there is space here only to discuss briefly. Jon Lunn, Maria Lalic, Ben Smith and Claire Taylor INTERNATIONAL AFFAIRS AND DEFENCE SECTION Ed Beale, Ed Potton, Ian Townsend and Dominic Webb ECONOMIC POLICY AND STATISTICS SECTION HOUSE OF COMMONS LIBRARY Recent Library Research Papers include: List of 15...

Words: 40320 - Pages: 162

Free Essay

China Fragile Superpower

...China Fragile Superpower This page intentionally left blank Fragile Superpower Susan L. Shirk China 2007 Oxford University Press, Inc., publishes works that further Oxford University’s objective of excellence in research, scholarship, and education. Oxford New York Auckland Cape Town Dar es Salaam Hong Kong Karachi Kuala Lumpur Madrid Melbourne Mexico City Nairobi New Delhi Shanghai Taipei Toronto With offices in Argentina Austria Brazil Chile Czech Republic France Greece Guatemala Hungary Italy Japan Poland Portugal Singapore South Korea Switzerland Thailand Turkey Ukraine Vietnam Copyright © 2007 by Susan L. Shirk Published by Oxford University Press, Inc. 198 Madison Avenue, New York, NY 10016 www.oup.com Oxford is a registered trademark of Oxford University Press All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of Oxford University Press. Library of Congress Cataloging-in-Publication Data Shirk, Susan L. China: fragile superpower / by Susan L. Shirk. p. cm. Includes bibliographical references and index. ISBN 978-0-19-530609-5 1. Nationalism—China. 2. China—Politics and government—2002– I. Title. JC311.S525 2007 320.951—dc22 2006027998 135798642 Printed in the United States of America on acid-free paper For Sam, Lucy, and David Popkin This page intentionally left...

Words: 135807 - Pages: 544

Free Essay

History Korea

...is located at the eastern end of Asia, between China, Siberia (now part of the Russian Federation), and the islands of Japan. Because of the complex, shifting, and historic relations between these areas, as well as relations with other places such at the United Sates in more recent times, the history of Korea has been told in many ways and is still the subject of hot debate both inside and outside the Koreas. North and South Korea have different versions of the peninsula’s history, both of which differ in detail and perspective from histories written in China, Japan, Russia, and the USA. The following sections, which attempt to outline the history in a balanced way, are based on a variety of materials, including lectures attended in a special workshop on Korean culture at Korea University in the summer of 1997. Map of Korea The overall pattern of development in the history of the Korean peninsula is a process that begins with an unknown number of early tribal groups that populate the peninsula in prehistoric times, wandering out of Siberia and areas to the west. Over time, some of these groups form more complex societies that eventually result in early kingdoms that grow up on the peninsula; in some cases extending westwards into what is now Chinese territory. As time and events unfolded, these kingdoms were unified, though the borders and degree of unity have continued to change over time—down to today. Besides the obvious split between North and South Korea, cultural differences...

Words: 13044 - Pages: 53

Premium Essay

Honda Entry Strategy

...the highest quality at a reasonable price, for worldwide customer satisfaction. In addition, the Company has conducted its activities with a commitment to protecting the environment and enhancing safety in a mobile society. The Company has grown to become the world's largest motorcycle manufacturer and one of the leading automakers. With a global network of 474 subsidiaries and affiliates accounted for under the equity method, Honda develops, manufactures and markets a wide variety of products, ranging from small general-purpose engines and scooters to specialty sports cars, to earn the Company an outstanding reputation from customers worldwide. Source: world.honda.com Background of Honda Motors: Honda was founded in the late 1940s as Japan struggled to rebuild following the Second World War Company founder Soichiro Honda first began manufacturing piston rings before turning his attention to inexpensive motorcycles. Mr. Honda always had...

Words: 5171 - Pages: 21

Free Essay

China and Cambodia: Patron and Client?

...Working Paper Series Number 121 CHINA AND CAMBODIA: PATRON AND CLIENT? John D. Ciorciari June 14, 2013 1 CHINA AND CAMBODIA: PATRON AND CLIENT? By John D. Ciorciari * International Policy Center Working Paper No. 121 Gerald R. Ford School of Public Policy, University of Michigan June 14, 2013 Abstract In recent years, Cambodia has become one of China’s closest international partners and diplomatic allies. Cambodia’s recent support for China during multilateral talks on the South China Sea has demonstrated the strength of the partnership and led some critics to depict Cambodia as a Chinese “client state.” This paper examines the extent to which that label is valid. In its ideal form, a patron-client relationship entails an asymmetric exchange of benefits, typically including material support and protection from the stronger state and a degree of deference and political support from its weaker partner. This deference, which reduces the weaker state’s autonomy and often generates political backlash, is what makes governments reluctant to embrace client state status. This paper argues that the Sino-Cambodian relationship has strengthened largely because China has offered Cambodia’s governing elites a favorable bargain, providing extensive economic and political benefits without demanding costly forms of political fealty in return. That has begun to change, however. Cambodia’s governing elites have become more dependent on China, more beholden to Beijing’s policy...

Words: 13509 - Pages: 55

Free Essay

Fdkgkjldfh

...Abstract: The Diaoyu/Senkaku Islands have brought China and Japan into a bitter dispute for many decades. With regard to the real question of who owns sovereignty over the islands, the two claimants can not come to terms on several critical issues, such as whether the islands were terra nullius when Japan claimed sovereignty in 1895, whether Japan returned the islands to China after the Japanese defeat in WWII, and how their maritime boundary in the East China Sea should be demarcated according to international law. There is no ready solution to the longstanding stalemate, but the pending dispute could be shelved and managed from escalating into a military conflict. INTRODUCTION The Diaoyu Islands in Chinese or Senkaku in Japanese are a tiny group of islands, 6.3 km² in total, in the East China Sea. The islands consist of eight tiny insular formations, of which only two are over 1 km² (the Diaoyu/Uotsuri Island is the biggest one with 4.3 km²), five are completely barren, and none are currently inhabited or have had any kind of reported human economic activity. Notwithstanding these unfriendly natural features, the islands have brought China and Japan into a bitter dispute since 1960’s because of their strategic importance in terms of security and economy, as well as their significant political implications. The Diaoyu/Senkaku Islands are located approximately midway between the island of Taiwan and the Japanese Ryukyu Islands, around 120 nautical...

Words: 9005 - Pages: 37

Free Essay

Student

...Brazil versus China: A comparative study of their relative attractiveness as destinations for multinational firm´s Table of Contents Pg. 1.0 EXECUTIVE SUMMARY 4 2.0 INTRODUCTION 4 2.1 History of Economy in Brazil 5 2.2 History of Economy in China 6 3.0 COUNTRY RISK 7 3.1China Country Risk 7 3.2 Brazil Country Risk 8 3.2.1. Current Political Issues in Brazil 3.3 Risk factors analysis comparison and Key reasons to consider 9 3.4. Current Issues in China 10 3.4.1. Fiscal policy 10 3.4.2. Monetary policy 10 3.4.3. External sector 10 3.4.4. General Political Environment 11 3.4.5. Investment Environment 11 3.4.6. Political Violence 12 3.4.7. China Political Outlook 12 3.5. Current Issues in Brazil 12 3.5.1. Real Sector 12 3.5.2. Monetary 13 3.5.3. External Sector 13 3.5.4. Fiscal 13 3.5.5. Outlook 13 3.5.6. General Political Environment 14 3.5.7. Investment Environment 14 3.5.8. Political Violence 14 3.5.9. Brazil Political Outlook 15 3.6 China Corporate Governance Law 15 3.7 Brazil Corporate Governance Law 16 4.0 FOREIGN EXCHANGE RISK 17 4.1 Brazil Foreign Exchange Risk 17 4.2China Foreign Exchange Risk 18 5.0 EXPANDED OPPORTUNITY...

Words: 10371 - Pages: 42

Premium Essay

Forex

...Country Profiles Forex Traders' Guide to Major Economies Today we're going to take a trip around the world, but it ain't gonna take 80 days. If you're fast enough to keep up, we can probably get around in just 80 seconds! ...Not! In any case, we'll make sure you learn about the nitty-gritty of each major economy and what makes its engine go. For each country that we will be touring, we'll start off with a quick peek at the important facts and figures, followed by an overview of its economy. Once that's out of the way, we'll visit the country's central bank to find out some of their secrets. In this section, we will explore the powerful monetary policy tools central banks employ to control the country's economy. Hopefully, we'll stumble into the room where they keep their printing plates and we can sneak out the back door and sell it on the black market. We're kidding - we're here to teach you how to trade forex the legal way. After that, we'll discuss the important characteristics that differentiate that country's local currency from all the rest, as well as hard-hitting economic indicators for that country. To keep the trip interesting, we'll be dishing some trivia every now and trading tactics that will prove useful later on when you go off on your pip-catching adventure! And as we promised, this very exclusive field trip is covered by your scholarship. No need for travel visas and no need to buy a travel fanny. Although if you're paranoid like Huck, then go...

Words: 17372 - Pages: 70

Free Essay

Gdp Malaysia

...million of foreign immigrants, mostly from Indonesia, Bangladesh, Thailand, Myanmar and Philippines while Japan is home for immigrants from Vietnam, China and Myanmar. On the other hand, South Africa has many refugees and asylum seekers residing in it. The existence of immigrants would have played a vital role in the economy. They have contributed quite a large portion to the Gross Domestic Product (GDP). We are now going to analyze on the economic condition of Japan which is a developed country, Malaysia as a developing country, and South Africa as an undeveloped country. Analysis on immigrants’ contribution on the economic condition will be done. 2.0 Japan 2.1 Gross Domestic Product (GDP) from 2000 to 2008 Please refer to Attachment 1.0. It is a table of Gross Domestic Product of Japan since 2000 to 2008. The GDP of Japan shows increase since year 2000 to 2007. However, it suddenly declined 2.74% at year 2008. Reasons will be explained in detail in 2.4 Analysis on Data. 2.2 Number of Immigrants, Unemployment and Crime Incidents As shown in Attachment 1.1, during year 2000 to 2007, the numbers of immigrants keep increasing. However, the unemployment rates keep decreasing. 2.3 Illegal Immigrants in Japan Japan has a population of 127,433,494 as on July 2007 estimate and the news stated that approximately 10,000 illegal immigrants come to Japan each year. Therefore, the...

Words: 5898 - Pages: 24

Premium Essay

Case Study

...docx Academic Year 2011-2012 International Business Environment Jean-Guillaume DITTER, PhD Groupe ESC Dijon Bourgogne – Burgundy School of Business SUPPORT DOCUMENT I - CASE STUDIES The texts making-up this document review and emphasize significant issues covered during the sessions. The questions asked at the beginning of each set of texts are meant to help students identify the issues that they should pay attention to. Students will work in teams on one single case study (see class outline for number of students per team). Each team will produce a presentation slideshow of its case study (7-10 slides per presentation, depending on the size of the case). Slideshows will be presented orally during sessions, according to the class outline (1520mn per presentation). Each team member will actively participate in his/her team presentation. Page 1 of 35 012-IBE-CaseStudies.docx CONTENTS Case Study 1. Text 1. Text 2. Text 3. Case Study 2. Text 4. Case Study 3. Text 5. Text 6. Text 7. Case Study 4. Text 8. Text 9. Text 10. Text 11. Text 12. Text 13. Case Study 5. Text 14. Text 15. Text 16. Text 17. Text 18. Text 19. Case Study 6. Text 20. Text 21. Case Study 7. Text 22. Text 23. Text 24. Text 25. Chinese Mercantilism .................................................................................................... 3 Chinese New Year .......................................................................................................... 3 China: the spend is...

Words: 18376 - Pages: 74