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Posts Tagged ‘Japan

Mt Fuji – best shot from a volcano cam in Japan

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Japan is so much in the news these days with depressing and negative news that it seems ok to post a good image, as a simple counterpoint.

Here’s the link to the source!

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Written by BobG in Dalian & Vancouver

2011/03/19 at 19:42

Posted in mountains, photos/images

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Yayyyyy for Steven Hill standing up for Japanese and German economies

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Income inequality and mortality in 282 metropo...
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VS. that big ole bad US of A’s. Here is a telling excerpt:

Look at it this way: In the midst of the Great Recession, the United States is suffering through nearly 10% unemployment and 50 million people without health insurance. A new report has found over 14% of Americans living below the poverty line, including 20% of children and 23% of seniors, the highest since President Lyndon Johnson’s War on Poverty. That’s in addition to declining prospects for the middle class, and a general increase in economic insecurity.

How, then, should we regard a country that has 5% unemployment, healthcare for all its people, the lowest income inequality and is one of the world’s leading exporters? This country also scores high on life expectancy, low on infant mortality, is at the top in literacy, and is low on crime, incarceration, homicides, mental illness and drug abuse. It also has a low rate of carbon emissions, doing its part to reduce global warming. In all these categories, this particular country beats both the U.S. and China by a country mile.

Doesn’t that sound like a country from which Americans might learn a thing or two about how to get out of the mud hole in which we are stuck?

Not if that place is Japan. During and before the current economic crisis, few countries have been vilified as an economic basket case as much as the Land of the Rising Sun. Google “Japan and its economy” and you will get numerous hits about Japan’s allegedly sclerotic economy, its zombie banks, its deflation and slow economic growth. This malaise has even been called “Japan syndrome”, sounding like a disease to warn policymakers, as in “you don’t want to end up like Japan.”

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Written by BobG in Dalian & Vancouver

2010/11/27 at 15:41

China’s is the world No 2 economy, just ahead of Japan’s now

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High income Upper-middle income Lower-middle i...
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The headline is:

chicagotribune.com

China overtakes Japan as No. 2 economy

Reuters

11:47 PM CDT, July 30, 2010

China has overtaken Japan to become the world’s second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty.

Depending on how fast its exchange rate rises, China is on course to overtake the United States and vault into the No. 1 spot sometime around 2025, according to projections by the World Bank, Goldman Sachs and others.

Cruising past Japan might give China bragging rights, but its per-capita income of about $3,800 a year is a fraction of Japan’s or America’s.

“China is still a developing country, and we should be wise enough to know ourselves,” said Yi Gang, China’s chief currency regulator, when asked whether the time was ripe for the yuan to become an international currency.

China’s economy expanded 11.1 percent in the first half of 2010, from a year earlier, and is likely to log growth of more than 9 percent for the whole year, according to Yi, in an interview with China Reform magazine posted on the Web site of his agency, the State Administration of Foreign Exchange.

Lest you leap out the winda, let’s put this into perspective. According to 2006 numbers the world’s GDP per head was about $7,150 USD. Then there is this interesting table of the top 15 countries GDP/head according to Wolfram Alpha:

To be complete let’s look at the top 10 countries by GDP:

So keep your hats on China!

Notice that the word Canada doesn’t show altho we are a member of the G-8 list of world’s economies!

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Written by BobG in Dalian & Vancouver

2010/07/31 at 11:02

Posted in blogging, China, the news

Tagged with , , , ,

Here’s one of the reasons we stay in China!

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History of China
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My wife and I are not exactly flourishing financially  here in Dalian, but we are living better than we did and can in Vancouver. I am busier with more rewarding time being spent with Globish in China, while she works on developing her Xpat Help activities and network. We are even thinking of buying a car to make it easier to deal with training gigs in the further-away places of DDA and the HTZone.

Reading these words by Nouriel Roubini about the shape of depression/recession in the West sort of cements this case in my mind!

Finally, policymakers are running out of tools. Additional monetary quantitative easing will make little difference, there is little room for further fiscal stimulus in most advanced economies, and the ability to bail out financial institutions that are too big to fail – but also too big to be saved – will be sharply constrained.

So, as the optimists’ delusional hopes for a rapid V-shaped recovery evaporate, the advanced world will be at best in a long U-shaped recovery, which in some cases – the eurozone and Japan – may be long enough to stretch into an L-shaped near-depression. Avoiding double dip recession will be difficult.

In such a world, recovery in the stronger emerging markets – the great hope for the global economy – will suffer, because no country is an island economically. Indeed, growth in many emerging-market economies – starting with China – is highly dependent on retrenching advanced economies.

Fasten your seat belts for a very bumpy ride.

But the point is that living conditions and economic optimism is better in China than almost elsewhere, except India and Indonesia.


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Written by BobG in Dalian & Vancouver

2010/07/24 at 12:23

It just goes to show me that I know very little about Asian countries!

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I did not know till this morning that there is a Tokyo Tower and it is about 30 ft higher than the Eiffel Tower. Here’s the image borrowed from Wikipedia under the CC licence.

tokyo_tower_20060211

Here is two paragraphs from the Wikipedia article:

Tokyo Tower (東京タワー Tōkyō-tawā?) is a communications tower located in Shiba Park, Minato, Tokyo, Japan. At exactly 332.6 meters (1,091 ft), this orange and white lattice tower is the tallest self-supporting steel structure in the world, the tallest artificial structure in Japan and is the 20th tallest tower in the world.[3] Built in 1958, this Eiffel Tower-like structure supports an antenna that broadcasts television and radio signals for important Japanese media outlets such as NHK, TBS and Fuji TV.[4] In recent years, the tower has been instrumental in furthering Japan’s push to switch from an analog signal to digital signal.

In addition to being a television and radio communications tower, Tokyo Tower doubles as a major Tokyo tourist site. Over 2.5 million people annually visit the tower’s recreational Foot Town and two observations decks.[5] Foot Town is a 4-story building located directly under the tower that houses museums, restaurants and shops.

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Written by BobG in Dalian & Vancouver

2008/12/30 at 09:13

Afghanistan, Pakistan, Kashmir and Georgia et al get the big headlines

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so now that Beijing’s Olympics are fading away, even in China, we are reminded by NY Times that conflict is really everywhere:

Desolate Dots in the Sea Stir Deep Emotions as South Korea Resists a Japanese Claim - NYTimes.com.jpg

Wow, how about a long dispute between South Korea and Japan, about 46 acres of islets and specks of land hours away from South Korea by ferry.

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Written by BobG in Dalian & Vancouver

2008/08/31 at 06:19