Word: asianization
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Warning, Detroit: The Asian car companies in your rearview mirror may be closer than they appear. Whereas GM, Ford and DaimlerChrysler posted a record-low monthly U.S. market share of 56.3% in April, Japan's Big Three (Toyota, Honda and Nissan) led Asia's automakers to a record 37.5% share, according to market-research firm Autodata Corp. "The Japanese are moving into new segments [like hybrids and small SUVs], while the Americans are struggling to update their aging product lines," says Nikko Citigroup analyst Andrew Phillips. At the head of the pack: Nissan, with a 32% gain in sales compared...
...This already exists in Indonesia—a better relationship with the last superpower has obvious, tangible benefits. In America, such contact can most easily start in our universities, with their significant base of curiosity and knowledge of the outside world. To this end, Harvard’s East Asian Languages and Civilizations Department, or even the Sanskrit and Indian Studies Department at the Faculty of Arts and Sciences ought to hire a preceptor to teach Indonesian—just one. That is all it takes; cultural understanding can arise when we begin to speak the same language...
...Minutes in France and Spain. The rise in free papers is one more headache for traditional dailies, already smarting thanks to competition from online and television news providers (Dow Jones & Company, publisher of the Wall Street Journal, last week announced plans to shrink its title's European and Asian editions to tabloid size in October). Daily newspaper circulation fell across much of Europe between 1999 and 2003, dropping 2.3% in France, 6.2% in the Netherlands and 8.1 % in Germany. As many paid-for titles fight for readers, free dailies - typically stuffed with enough short, sharp international and local news, business...
...political and economic effects of the dispute on both countries and the rest of the world [April 25]. Your story noted that the real debate is not over "a failure to atone for old sins. The issue is which country, Japan or China, will be the dominant Asian power of the 21st century." Financial and commercial considerations must prevail over the political and nationalistic views that have been given prime importance until now. It is a change for the better that politicians have started thinking about the welfare of their citizenry on all fronts and are realizing that they need...
...Singapore's Downside The TIME 100 profile of Singapore's senior statesman Lee Kuan Yew [April 18] left no doubt that he has designed and developed a modern city-state that is a role model for Asian economies. There are, however, side effects to his social engineering. The new generation of this extremely orderly city has almost forgotten human values and social obligations. Young people can't even plan to get married because of the extremely high cost of living. If married, they dare not start a family, owing to the cost of bringing up a child. The university produces...