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Jakarta Post

Japan, China compete for East Asia

  • The Jakarta Post

  /   Mon, November 9 2009   /  11:14 am

The Jakarta Post’s Riyadi Suparno and four other journalists from Malaysia, the Philippines, Singapore, and Thailand visited Japan late October, on the invitation of the Tokyo-based Keizai Koho Center. During the one-week visit, the journalists met with politicians, corporate executives and experts in various fields as well as visiting a number of corporate projects. What follows is Riyadi’s report from the trip.Japan and China may be competing for the leadership of East Asia, but both countries, together with the Association of Southeast Asian Nations (ASEAN), are leading their way toward an East Asian Community, with greater prosperity and security.While Japan is struggling with its so-called “70 percent economy”, i.e. an economy running at 70 percent of its capacity, China continues to book high economic growth and marches ahead faster, getting closer to overtaking Japan to be...