Now Is Not The Time To Bypass Japan
`Japan passing" has replaced Japan bashing as the key discussion topic among U.S. corporations investing in Asia. With markets expanding all across the Pacific Rim, why should U.S. executives pound on the portals of Fortress Japan? Roughly 40% of all manufacturing output there is managed by 10,000 regulations, many of which are designed to keep foreign companies out of coddled domestic markets. And Tokyo bureaucrats pull all-nighters figuring eut ingenious ways to erect invisible trade barriers as well. So why bother when China beckons, or Thailand, Malaysia, and Vietnam?
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