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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (3937)	5/28/1998 10:54:00 AM
From: Worswick	Read Replies (1) \| Respond to of 9980

Despite their own domestic political debacle Japan Inc. has gone right back to what it does best, "Beggar thy neighbor through trade." Can this be 1998? I thought it was 1988? Whoops. I wonder when we are going to "get" it. The business of Japan is business.

To: MikeM54321 who wrote (3937)	5/28/1998 12:02:00 PM
From: Michael Sphar	Read Replies (1) \| Respond to of 9980

<<I guess the comments by the 5 Japanese business leaders irked me into having an "opinion" on this subject. Remember one even said China devaluing would be "good." MikeM(From Florida) >> Is that because Japan has invested so much manufacturing in lower cost Asian centers, so that their cost of manufacturing goes down with each country's devaluation ? Export export export, will only work so long as there are willing buyers. Won't the Toyotas start stacking up at the shipyards at some point ? American chip sellers are already experiencing this effect with regard to Asian customers.