Political concerns fuel Japanese business pessimism in China

Author: Amy King, ANU

The Japanese business community is increasingly pessimistic about the Japan–China relationship. For the past three years the US-based Center for Strategic and International Studies (CSIS) and the Japan-based Nihon Keizai Shimbun (Nikkei) have surveyed Japanese business people about their attitudes to the bilateral relationship with China. Read more…

South Korea–China FTA falls short on reform

Authors: Jeffrey J. Schott and Euijin Jung, PIIE

The South Korea–China Free Trade Agreement (FTA), which entered into effect in December 2015, has proved disappointing. The pact excludes too much economic activity and does too little to propel growth in both countries. Read more…

What’s pushing Japanese firms out of China?

Author: Rumi Aoyama, Waseda University

In early 2015, Japanese companies, Panasonic and Toshiba, announced that they would stop producing television sets in China. As Japan continues to decrease its investment in China, the two multinational corporations’ partial exit seemed to underscore an overall trend of Japanese firms withdrawing from China. On 23 February 2015, Nikkei News reported that Citizen Watch Company had suddenly closed down its parts factory in Guangzhou, laying off all 1000 employees there. Read more…

Asian stability hangs in the balance of Japan–China relations

Authors: Robert A. Manning, Atlantic Council, and James Przystup, National Defense University

History strongly suggests that the character of relations among major powers is a key determinant of stability. Europe was convulsed in continuous warfare until France and Germany came to terms after World War II. Only then did Europe enjoy the prospects of integration leading to the European Union. Read more…

A Chinese view on fixing the Japan relationship

Author: Zha Daojiong, Peking University

Evidence of a strain in the diplomatic relationship between China and Japan over the past few years has been most apparent in the absence of summits between top government leaders, which has in turn affected routine meetings at the ministerial level. It seems that Beijing still has not overcome its diplomatic ‘Noda shock’. Read more…

Japan and South Korea must foster domestic support for bilateral relations

Author: Junya Nishino, Keio University

Many expected Japan–Republic of Korea (ROK) relations to be reset when the Shinzo Abe and Park Geun-hye administrations first came to power, but the past two years or so have seen further deterioration and pessimism.

June 2015 will mark the 50th anniversary of the normalisation of diplomatic relations between the two countries, offering a perfect opportunity to construct a shared long-term vision for Japan–ROK relations. Read more…

Japan should influence the Asian Infrastructure Investment Bank from within

Authors: Tomoo Kikuchi and Takehiro Masutomo, NUS

Japan should seriously consider joining the new China-led Asia Infrastructure Investment Bank (AIIB), regardless of the scheme’s detractors within the country.

The AIIB was first proposed by Chinese President Xi Jinping in 2013. Beijing signed up 21 founding member nations in October 2014. Read more…