Tag: Japan

Toyota’s Dominance Threatened by Rise of Electric Vehicles

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Rachel Culin considered herself a Toyota loyalist, one of millions of people who appreciated the company’s reliable and fuel-efficient hybrids. But she recently bought an electric Chevrolet Bolt to replace her Toyota Prius because the Japanese automaker had been too slow when it came to selling electric vehicles. “Where are the options for those people who love Toyota?” Ms. Culin, a resident of Mesa, Ariz., said. “It’s really sad.” Once the leading brand for environmentally conscious car owners, Toyota has failed to keep up with changing consumer preferences and a…

China signals Xi Jinping will not attend G20 summit in India

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Xi Jinping’s attendance at the G20 this weekend has been all but ruled out after China’s foreign ministry announced the team would be led by the country’s premier, Li Qiang. It will be the first time that a Chinese leader has not attended the G20 leaders’ summit since the first was held in 2008, although Xi attended only virtually in 2020 and 2021 because of the pandemic. The US president, Joe Biden, said last week that he hoped Xi would attend the summit in Delhi, but US officials played down…

State-backed disinformation fuelling anger in China over Fukushima water

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Fake news and state-backed disinformation are fuelling Chinese anger at Japan over its release of treated wastewater from the destroyed Fukushima nuclear plant. In the last week, there have been reports of rocks and eggs thrown at Japanese schools in two Chinese cities, abusive phone calls to Japanese businesses and social media campaigns to boycott Japanese products including cosmetics. It has prompted Japan’s government to summon the Chinese ambassador and urge caution among its China-based citizens. Japan began its release of more than 1m tonnes of water on 24 August.…

Businesses in Japan receive abusive calls from China after Fukushima water release

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Tokyo has urged Beijing to “ensure the safety of Japanese residents in China” after a wave of telephone harassment targeting businesses in Japan sparked by the controversial discharge of Fukushima wastewater last week. While Japan insists the release of the treated water is safe – a view backed by the UN’s nuclear watchdog – China has staunchly opposed it and banned all Japanese seafood imports, saying it contaminates the ocean. The Japanese government on Sunday published new data showing waters off Fukushima continued to post radioactivity levels well within safe…

Seafood Is Safe After Fukushima Discharge, But Some Won’t Eat It

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Seafood is having a bad week in East Asia, which is bad news for a region where it’s a major part of the diet. Experts say Japan’s discharge into the ocean of treated radioactive wastewater from the ruined Fukushima nuclear power plant, which began on Thursday, does not and will not pose health risks to people who eat seafood. But even though the scientific evidence bears that out, not everyone is convinced. On Thursday, the Chinese government widened a ban on seafood imports to include all of Japan instead of…

Fukushima: China accused of hypocrisy over its own release of wastewater from nuclear plants

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As China bans all seafood from Japan after the discharge of 1m tonnes of radioactive water from the ruined Fukushima Daiichi nuclear power plant into the Pacific Ocean, Beijing has been accused of hypocrisy and of using the incident to whip up anti-Japanese sentiment. Scientists have pointed out that China’s own nuclear power plants release wastewater with higher levels of tritium than that found in Fukushima’s discharge, and that the levels are all within the boundaries of levels not considered to be harmful to human health. On Thursday, Tokyo Electric…

A US growth-inflation ‘soft landing’ is vital to solving the global economy puzzle | Mohamed El-Erian

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The global economy this year is full of puzzling surprises. Japan’s GDP growth is currently surpassing that of China, and July retail sales in the US were double the consensus forecast, despite the US Federal Reserve pursuing one of the most concentrated rate-hiking cycles in decades. In the UK, wage growth has risen to an annualised rate of 7.8% and core inflation has remained high, even after 14 consecutive rate increases by the Bank of England (with more to come). Meanwhile, Brazil and Chile have cut interest rates, diverging from…

The Camp David summit signals a new cold war – this time with China | Observer editorial

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If it sounds like a new cold war and looks like a new cold war, then it probably is a new cold war. For what other interpretation is to be placed on US president Joe Biden’s latest ramping up of diplomatic, economic and military pressure on China? Western officials tend to avoid the term, recalling as it does decades of hair-trigger confrontation with the former Soviet Union. They talk instead about enhanced security and defence cooperation and the importance of a free and open Indo-Pacific region. But such bland generalisations…

U.S.-Japan-South Korea Security Pact Likely to Deepen China’s Dismay

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Ever since members of the North Atlantic Treaty Organization sprang into action to help Ukraine try to thwart Russia’s invasion last year, China has warned about a similar U.S.-led security alliance forming in Asia that would seek to hobble Beijing’s ambitions and provoke a confrontation. President Biden’s Camp David summit on Friday with the leaders of Japan and South Korea most likely reinforces Beijing’s perception. The talks saw Japan and South Korea put aside their historical animosities to forge a defense pact with the United States aimed at deterring Chinese…

U.S. Seals Security Pact With Japan and South Korea as Threats Loom

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The new three-way security pact sealed by President Biden and the leaders of Japan and South Korea at Camp David on Friday was forged with threats by China and North Korea in mind. But there was one other possible factor driving the diplomatic breakthrough: Donald J. Trump. While the former president’s name appeared nowhere in the “Camp David Principles” that the leaders issued at the presidential retreat, one of the subtexts was the possibility that he could return to power in next year’s election and disrupt ties with America’s two…