Japan's new prime minister didn't waste any time. After helping pass a huge stimulus package to reinvigorate the Japanese economy (creating 600,000 jobs?) he deployed off to Vietnam, Indonesia and Thailand in what his office calls "strategic diplomacy." Vietnam is also engaged with China in a territory dispute, so that is Abe's first stop.
It seems that Japan is trying to rally other nations against China, which some Japanese view as the cause of Japan's weakening economy. As the yen converges at a 100:1 exchange rate for the US dollar, there's no doubt the country is struggling.
Or is that a sign? In fact, Abe is intentionally weakening the yen in order to encourage exportation business.
Critics say these strategies won't compensate for the fact that Japan's coffers are "empty."
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