Cast on the rocks
Article Abstract:
The 250 iron foundries in Kawaguchi City, Japan, have suffered a 35% loss in business between 1990 and 1993. Employers would rather continue running up losses than lay off workers due to fears that they would not be able to hire them back. Because many local residents can find cleaner, less dangerous jobs in Tokyo, the average age of foundry workers is over 50. Industry insiders predict the number of foundries in the area to be cut in half in the next ten years, but the business community is upgrading the industrial sites in hopes of attracting young workers for the future.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Eager to please: Tokyo sets aside own rules in China aid package
Article Abstract:
Japan's Dec 1994 announcement that it will give China $1.9 billion annually from 1996-98 ignores the rules recently adopted under US pressure that make such aid contingent on the recipient's policies. Japan has merely reviewed China's nuclear, environmental, human-rights, and weapons conditions without making any demands on China to change its unacceptable position. The package makes China Japan's biggest aid recipient ever, but this has not persuaded China to relax its pressure on Tokyo to compensate it and other borrowers for the cost of repaying yen-denominated loans.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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Hot cargo: Tokyo plays down alarm over nuclear shipments
Article Abstract:
Greenpeace and countries on the sea route between France and Japan strongly objected to the transport of plutonium for a Japanese fast-breeder reactor. The countries wanted the nuclear material excluded from their territorial waters while Greenpeace protested the potential hazard. Japan remains in support of its nuclear power and waste-shipping program based on reprocessing contracts with French and British nuclear-service companies. Japan believes it was targeted in a political move because waste shipments in Europe have passed unnoticed.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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