Japan News

Posts with the Category ‘News’

Five million for a crab?

Five million yen for a big crab from Tottori? Why that’s not a crazy price

The media has had fun with the story of a crab which sold for five million yen ($46,000 USD). They implied it was a massive waste of money and a sign of Japan’s eccentricity with food. Look deeper into the issue, though, and you can find solid business reasons why somebody paid so much money …

Five million yen for a big crab from Tottori? Why that’s not a crazy price Read More »

Skyscrapers in Tokyo

“Watch out China!” – A warning from the top of a new Tokyo tower

They are still building amazing skyscrapers in Tokyo. A huge one opened in Shibuya this week, with stunning views of the metropolis. There’s much excitement high above the scramble of the city. But there could be disaster if prices fall. The Japanese know that skyrocketing prices for buildings can cause a property price bubble. And …

“Watch out China!” – A warning from the top of a new Tokyo tower Read More »

Communist Japan

We often hear about Communist China but what about Communist Japan? The far left plays a significant role in Japanese politics and mixes activism with charm. Japan is a country of consensus. However it includes people with a wide spectrum of political views, from far right to far left. The Communist Party of Japan retains …

Communist Japan Read More »

What could a trip to the dentist reveal about economics?

Most dentists expect their patients to tell them where the pain is before they suggest a cure. The problem with countries is that they don’t always know what’s causing their economic aches and pains. In this week’s Japan Story blog, we hear the blunt diagnosis for Japan from one of the world’s leading economic forecasters. …

What could a trip to the dentist reveal about economics? Read More »

Argument

Have you ever wondered why people from East Asian countries appear to be reserved in meetings, including conferences and university lectures? It could be that they are trying to avoid an argument. Both the Japanese and the Chinese prize group harmony and always seek to avoid a row. But actually, some teachers long for their …

Argument Read More »

The gulf between Japan and Russia is widening

Russia and Japan are still bitter rivals, despite a friendly welcome for President Putin in Osaka for the latest G20 meeting. The nations went to war twice last century and Russia’s recently been conducting missile tests close to Japan’s northern border. Prime Minister Abe Shinzo Abe says he wants a peace deal with Russia. But …

The gulf between Japan and Russia is widening Read More »