Submitted by: Submitted by Read30
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Words: 2244
Pages: 9
Category: Business and Industry
Date Submitted: 03/06/2014 07:41 AM
Articles
• Shifts in Asia Fuel Territorial Flare-Ups
o Tensions b/w Japan, China, S. Korea, & Russia, over uninhabited islands.
• w/ China over the East China Sea Islands
Expulsion of Chinese activists by Japanse govt. led to anti-Japanese riots in China
• w/ South Korea over the Liancourt Rocks
• w/ Russia over the four Kuril Islands controlled by Russia. Some think Putin is trying to reassert dominance, worries about image in Asia.
o Rooted in history of imperialistic expanision by Japan towards its neighbors in the first half of the 20th century.
• Countries seem to be testing weakening Japan
o Japan being pushed into defensive position due to rise of China and countries engaging in power politics.
o Japan facing tension on three fronts:
1. Chinese activists on one of the contested islands
2. Tokyo and Seoul tit for tat
3. Russia threatening to send naval ships to islands
o Threat of political tensions b/w Tokyo and Seoul affecting economic ties
• Anti-Japan protestors call for boycott of Japanese products
• Japan cancelled bilateral finance minister meeting
o Tiffs possibly stoked by questions regarding Jap/US alliance.
• Opposition in Japan to U.S. military bases
• U.S. wants strong U.S.-Japan-S. Korea relations in order to keep China at bay.
• Rising nationalism in Japan
• Retailers’ Dilemma: To Ax or Help Fix Bad Factories
o H&M pledging to work with factories to improve their standards.
Biggest buyer of clothing from Bangladesh’s $20 billion garment industry.
Wal-Mart blacklisting 250 suppliers after series of deadly factory fires in Bangladesh, killing more than 1100
• Walt Disney no longer producing
o Those who support the stay-and-fix-it approach say that it forces retailers to play more active roll in raising standards, increasing odds factories will improve.
• Approach has it’s limits. Retailers can’t catch everything.
• H&M performing two unannounced visits a month for fire-safety checks.
• DBL Group says they have...