Thursday, December 13, 2007

economic condition for Japanese large corporations is worsening

Japan's Tankan(Diffusion Index) shows that economic condition for large corporations is worsening. The current data is 4 point lower than three months ago, and the most notably worsening industry is construction materials, with a 18 point lower. the reason is the further slowing in Housing and home building industry.

In Beijing, U.S.-China talk ends with agreement on cooperation over energy and environment


Recent survey conducted by Yomiuri found that number of people who view U.S.-Japan relationship positively have increased in both countries.


China remembers 70th anniversary of Nanjing massacre, with a expansion of a museum dedicated to the tragety.


Fukuda administration pushes a new economic growth strategy-Asia Economy and Environmental Alliance. Japan aims to become the center for environmental technology, energy conservation and Intellectual property protection in Asia.


Japan's cloth chain Uniqlo keeps expanding overseas, it opens its No.1 store in continental Europe in Paris, its fifth overseas stores outside of Japan after U.S., China, UK and Korea.



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