Friday, October 31, 2008

Halloween in China and Japan

Today's Halloween in the U.S., and in Tokyo, Halloween is fairly new thing and it seems Halloween is being celebrated only by foreigners, to be exact, drunk foreigners. Yamanote subway line has beefed up security to prepare for any misconducts by the "crazy" Gaijins, such as taking off clothes and sleeping on the racks, taking off lights inside the cars, etc.


In Shanghai, Halloween is becoming trendy, even it is not as big as Christmas, but young people who like parties still embrace it as another excuse to have some fun.


On the food safety fronts, China is recalling Japanese soysource due to a chemical is found.


Japan's Air Self Defense Chief was forced to resign for saying publicly that Japan has not invaded Korea and China.


And China reports the news promptly.

Wednesday, October 15, 2008

Food and Finance Crisis

A this Wold's Food Day, more tainted foods were found in Japan that were imported from China, this time, frozen vegetables. However, Chinese denied anything went wrong in its side. (TBS News)


Finance market went further down, after Dow closed down by over 700 points, Tokyo Nikkei is now dipping below 9000 level. No end is seen yet to the current wide spread crisis. (Nikkei Net)


Smaller, Better for auto?
Would you like to drive a car shorter than 3 meters made by Toyoda? (TBS News)

Thursday, October 09, 2008

Worldwide Stock Market Crash

The Dow Jones Index dropped 687 points, in three days, the stock market has down over 15 percent, if you think that is scare, consider this:


Tokyo Stock Market dropped over 1000 points this morning, to a new low of 8,100. The Market has to shut down temporarily due to overwhelming sale orders. The scare feeling of no site of a bottom can be seen cause a wide spread selling. Where are the bargain hunters?


China, fears even worse than Japan, the Shanghai market dropped to below 2000, and one analyst predicated that if the Shanghai Index touches 2,000 point, the next target is 1,000. Around the same time last year, Shanghai Index reached over 6,000, that means two thirds of value has evaporated in a single year.

Thursday, September 25, 2008

Milk Powder Shadows China

Recently, every thing you heard from China is the Milk Powder, however, today a shocking news from Xi'an, my home town, eight babies died recently at a single hospital, seemed to have nothing to do with the milk powder. What's going on?

EU among such countries as India, bans milk products from China


Served five year as Japan's Prime Minister(one of the longest serving after the war), Koizumi retires from politics


Japan media pays very close focus on China's successful launch of a spaceship


New Japan's PM Aso Taro addressed the UN general assembly. He emphases value based diplomacy and partnership with China and South Korea.

Monday, September 01, 2008

Breaking: Fukuda Resigns

This morning at 8:30am, a hour and 45 minutes ago, and Tokyo time at 9:30pm, Japan's Prime Minister Yasuo Fukuda held a unscheduled press briefing and announced his immediate resignation. He disclosed that the decision was made over the weekend.

Fukuda's sudden resignation mimics his precedent Shinzo Abe's resignation last year, just before the Diet is opening for business. Too much pressure is speculated last time and this time.

Taro Abe, the next on the rank, will be a possible successor to Fukuda.

How it is going to impact Japan's economy and political future will be closely watched, especially at Tokyo stock exchange, which had another down day, Nikkei index dropped over 200 points.

Fukuda's resignation is also a blow to Washington, who is looking to Japan to renew the oil supply law to the U.S. navy ships in the ocean off the Afghan coast.

Tuesday, August 26, 2008

 
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