Japan’s comparative advantage?

Reuters has a story today on Japan's booming "elderly services" industry. As I've written before in this space -- and noted in a number of conversations -- Japan may be poised to reap an enormous economic windfall not only from its own "greying," but from the greying of the world, include its soon-to-be-considerably-older neighbor, China.As …

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Two looks at modern China

Two recent articles provide an excellent look at the bundle of contradictions that is modern China.First, the Atlantic's James Fallows, currently residing in China, presents his "Four Cautions and Two Mysteries" about rapidly changing China. His look is largely limited to urban China, but it is still worthwhile, because Fallows also was on hand when …

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