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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.
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.