• OPINION

  Protests point to more than scandal

  News, Michael Schuman, Published on 02/12/2016

  » The first big story I covered as a young correspondent in South Korea was a corruption scandal. Two former presidents were found guilty of, among other things, amassing fortunes with payoffs from the country's major business groups, called chaebol. That was 1996.

• OPINION

  Is Japan simply too scared of becoming a success?

  News, Michael Schuman, Published on 02/11/2016

  » Of all of the scary economic data that routinely streams out of Japan, this statistic should terrify you: $800 million (about 28 billion baht). That's the total value of venture capital deals completed in Japan in 2015, according to accounting firm Ernst & Young. Compare that to $72 billion in the US and $49 billion in China. Even tiny Israel managed $2.6 billion in deals.

• OPINION

  Confucius' guide to foreign trade

  News, Michael Schuman, Published on 12/08/2016

  » Confucius was once asked if there was a single word that could act as a guide throughout one's life. "Reciprocity", the sage responded. He then preached a form of the Golden Rule: "What you do not want done to yourself, do not do to others."

• OPINION

  China needs to eliminate its market contradictions

  News, Michael Schuman, Published on 11/01/2016

  » Another tumultuous week for China's stock markets has dealt yet another blow to global confidence in Beijing's policy makers. Each tripped circuit-breaker and policy reversal has underscored the inherent contradiction China faces -- between the leadership's desire for the certainty of state control and the benefits of free markets.

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