Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
But the Japanese are much more flexible than their regional competitors for the simple reason that they own and co-own manufacturing facilities within many of their largest trading partners - the U.S. in particular. Taiwan has some similar endeavors, but nothing on the scale of the Japanese penetration.

Upshot is that they can - and do, as I can state from personal experience - make manufacturing/import/export decisions based on their analysis of the mid-term, relative financial trends between their domestic economies and those of their 'clients'.

paul spencer

by paul spencer (paulgspencer@gmail.com) on Fri May 30th, 2008 at 02:23:39 AM EST
[ Parent ]

Others have rated this comment as follows:


Top Diaries

Occasional Series