beijingwalker
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Japan's Rail Project Loss To China: Why It Matters For Abe's Economic Diplomacy And For China's
“How did we lose to China in Indonesia!?”
This is the question being worriedly debated in government offices and executive suites throughout Japan.
What makes the question–and its answer–particularly urgent and fraught for Japan is a nagging suspicion, and fear, that China’s come-from-behind victory in the two country competition for the US$ 5 billion high speed rail project could be a harbinger of further humiliating and costly defeats in competition for Asian infrastructure projects.
Continued losing in such competition would gravely imperil one of Japanese industry’s key growth strategies and, not trivially, undermine a pillar of the Abe government’s Asian regional diplomatic strategy.
Japan's Rail Project Loss To China: Why It Matters For Abe's Economic Diplomacy And For China's
“How did we lose to China in Indonesia!?”
This is the question being worriedly debated in government offices and executive suites throughout Japan.
What makes the question–and its answer–particularly urgent and fraught for Japan is a nagging suspicion, and fear, that China’s come-from-behind victory in the two country competition for the US$ 5 billion high speed rail project could be a harbinger of further humiliating and costly defeats in competition for Asian infrastructure projects.
Continued losing in such competition would gravely imperil one of Japanese industry’s key growth strategies and, not trivially, undermine a pillar of the Abe government’s Asian regional diplomatic strategy.
Japan's Rail Project Loss To China: Why It Matters For Abe's Economic Diplomacy And For China's
