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China’s high-tech push seeks to reassert global factory dominance

By Kevin Tao
- via The Japan Times    Sep 22, 2021

Employees work on assembling an automated guided vehicle at a Lanyu Robot Co. factory in Tianjin, China, on Sept. 7. | REUTERS

Beijing's pivot puts the focus on advanced manufacturing, rather than the services sector, to steer the world's second-largest economy past the so-called "middle income trap."

Evergrande meltdown drives down stocks with few links to China

By Vildana Hajric,Katie Greifeld
- via The Japan Times    Sep 21, 2021

The Evergrande Center in Shanghai | BLOOMBERG

The chain reaction triggered by the Chinese real estate developer's debt worries may say more about the extreme altitude of global risk assets than it ...

COVID-19 was meant to start a remote work revolution in Japan — that didn’t happen

By Alex K.T. Martin
- via The Japan Times    Sep 19, 2021

The pandemic was expected to trigger a major shift toward working remotely in corporate Japan but it appears to be losing steam, as many workers remain bound to their offices. | GETTY IMAGES

A lack of digital infrastructure and an archaic corporate culture that values long working hours and face-to-face meetings is slowing down the nation’s push toward ...

Japan’s exports growth cools as COVID-19 hits supply chains

via The Japan Times    Sep 16, 2021

Japan's exports extended double-digit gains in August but the pace of growth weakened as the pandemic hit Asia's supply chains. | BLOOMBERG

"Exports have been driving the economy. The recovery scenario for Japan's economy may become shaky if they won't grow."

Japan’s machinery orders up 0.9% in July on high demand from manufacturers

via The Japan Times    Sep 15, 2021

Japan's machinery orders in July rose from the previous month after posting a decline in June. | BLOOMBERG

The orders, excluding those for ships and utilities due to of their volatility, totaled ¥859.7 billion ($7.8 billion), according to the Cabinet Office.

Nikkei set for highest close since 1990 as Japan stocks rise

via The Japan Times    Sep 14, 2021

The Nikkei stock average rose to a 31-year high in Tokyo on Tuesday. | AFP-JIJI

Japan has been the world’s best-performing major stock market over the past two weeks.

Nidec founder unhappy with profitability, pushes on targets

By Yuki Furukawa,River Davis
- via The Japan Times    Sep 14, 2021

Shigenobu Nagamori, founder and former Chief Executive Officer of Nidec Corp., speaks during a news conference in Tokyo, Japan, on Wednesday, Jan. 23, 2019. | BLOOMBERG

Nagamori recently told his senior managers that they need to do more to boost Nidec’s business performance

Building a more sustainable car, from headlamp to tailpipe

By Eric A. Taub
- via The Japan Times    Sep 13, 2021

The Audi RS E-tron GT. Carmakers are turning away from traditional materials that are hard to recycle, such as leather and plastics.  | AUDI / VIA THE NEW YORK TIMES

Carmakers around the world are turning away from traditional materials that are hard to recycle, such as leather and plastics.

Toyota shares dip after unveiling more production cuts

By River Davis
- via The Japan Times    Sep 13, 2021

Toyota vehicles bound for shipment at the Nagoya Port in August | BLOOMBERG

The announcement surprised the market as Toyota had been largely unaffected by parts shortages that have rattled competitors.

What Xi means by ‘disorderly capital’ is a $1.5 trillion question

via The Japan Times    Sep 10, 2021

The slogan, like "common prosperity,” is among several Xi-isms feeding concerns that China is tilting away from free markets.

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