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Scroll down for more in this section |
April 6 - 12, 2001
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The Japanese Financial CrisisIs there a way out? By Ron Chepesiuk Last month, President Bush met with Japanese Prime Minister Yoshiro Mori for two hours. Bush’s press office said the meeting had a full agenda that included discussions about North Korea and the sinking of the Japanese trawler, the Ehime Maru, by a U.S. submarine. In Japan, however, little attention was paid to the visit. Instead, the country was — and continues to be — focused on the big question: Who will succeed Mori as prime minister? “The meeting was just a big ego trip for Mori,” Judith Lee, a lawyer with the Washington, D.C.-based law firm of Gibson, Dunn & Crutcher and an expert on Asian trade, said. “Mori’s got about a 95 percent disapproval rate, and everybody knows he will be out of office this month. So, he’s in no position to discuss the future of Japan.” |
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Also In Business
China falls in love with the car By Joe McDonald/AP Jia Zhengyi’s face lights up as she tells how a new Volkswagen has changed her life. A weekend escape from crowded Shanghai used to be an ordeal of trains, buses and luggage. Now, Jia and her husband hit the highway in their royal-blue Passat. Running errands with their 7-month-old son and his diaper bag are a breeze. “We just put it all in the car,” says Jia, a 28-year-old bank employee. Don F. Tang Honored:
Move Over, Bicycle!
Japanese City Banking on Hollywood:
Universal Studios opens its first amusement park outside the U.S.
Chinese Historical Society of America honors outstanding Chinese Americans in science and technology.
Job listings, announcements, and more in our special online classifieds section.
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