12:04AM
Japanese employers have a counteroffer to Beijing
Wednesday, September 8, 2010 at 12:04AM
WSJ story in which Japan is basically saying to China, if you want us to stay, you have to make your legal system more transparent and your business rules more robust.
Lately, as a result of worker unrest against Japanese factories in China, Beijing has been lecturing the Japanese on the need to pay its workers better wages. So apparently the Japanese have decided to return the lecturing favor.
In effect, this is Japan joining the growing chorus of Western businesses complaining about China's increasingly hostile investment and business environment--a big sign, in my mind.
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