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Relationship between China and Japan and its trend
Japan and China relationship will be more interactive as the
time pass.
As the china became giant developer in current world, Japanese
business started to have a fear which come from danger of being
"hollowed out". It was the truth last decade.
Even though the fact Japan is economic power house, China is giant
developer and these two country is right next each other, the
relationship had never been getting along. There were obvious
reason behind this fact: First attitude conflict: Japan had seen
China through pathetically down cast eyes. Drawn by cheap labor, a
growing number of Japanese have hasted to have their products
manufactured in China. And China found that Japanese attitude stack
up. China also had hate toward Japan regarding world war two.
Second, Chinese conservative party was so strong that there was no
way to interact with Japan. In Japan side, Japan has not cleared
issue from world war two yet.
Whenever a problem has emerged, the bilateral economic cooperation
that worked naturally in the interest of both nation worked to
prevent the relationship from being irreparably damaged.
However, due to the international business and its tremendous
opportunity and advantage, a lot of business man both Chinese and
Japanese start to corporate each other. Mixed team of Japan and
Chinese business man are about to compete in Japan.
Finally, Asahi shinbun addressed, "We hope new ways will be found
for Japanese and Chinese to get along over the next 30 years,
building upon assessment of the developments that have taken place
in the past 30 years." Minimizing risk to investors by new
trust product
Sumitomo Trust Baking Co is all set to offer this month a new from
of trust product that target to provide a capital source for business at
same time minimizing risk of investors by concentrating the intended
recipient of the fund.
Sumitomo will try to make a deal the new trust product with and issue for
Aiful Corp, which is one of the big consumer finance company and soliciting
investment in the fund from other business in January. If the deal con be
made, financial institution will consider extending the market for the
program including general individual investors.
The new trust product is created by demand which come from market troubled
by doubt about corporate debentures in the wake of the bankruptcy of Mycal
corp: the big glossary store chain. And the company fell under weight of its
heavy borrowing, but now the company come back. Under this circumstance
which can not provide more secure service for business, new instrument such
as the target trust could be a viable alternative.
Sumitomo Trust will accept funds from corporate investors and then place
them with specific business borrower.
The term of the trusts will range from one to ten years. At first, investor
will be required to institution that can put up at least 100 million yen at
a time. Sumitomo Trust will invent future instrument for lower minimum
investment and may make it available for individual investors.
The new instrument is similar to directly financed corporate debentures in
which investors put their money with specific business. The difference
between traditional corporate debenture and the new trust instrument come
from where Sumitomo Trust will then invest the money only in the company,
which strictly evaluated and screened by Sumitomo. Moreover Sumitomo Trust
will disclose the list of company's condition at regular basis.
Power of Cellular Phone
Cellular phone used to be the tool for connecting the people.
However, after cellular phone make internet service available, The
role of the cellular phone is changing form connect the people to
the place where people can get information such as trend. It is
becoming big mass media just like TV. According to research from
Dentetu Co, young generation with age 10-20 years old use twenty to
thirty E-mail service of cellular phone everyday. The population
who use cellular phone internet service has already been beyond
60000000. As this trend keep up, to use internet service of
cellular phone will be the one of the crucial marketing tactics in
Japan.
Source Nikkei,
Assahi |
