Showing 21 - 24 of 24
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.
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.
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."
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.