Architecture Japan Magazine
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In May, the Japan Bank for International Cooperation suggested setting up a Sino-Japanese consortium to build a high-speed railroad in Thailand. If the idea gets off the ground, it would be the first time that Chinese and Japanese companies work together in a third country. A pioneering agreement that would mark the starting point for overcoming an historic rivalry in the region and to clinch an alliance centered on economic development and infrastructure.
The result is a commercial and industrial rivalry for geopolitical control of South East Asia, being fought with the weapons of technological innovation and competitive pricing, and carried out on the battlefield of infrastructure. The players are not just the two countries’ construction giants—also deeply involved are the governments that for years have been awarding public funds to finance these gargantuan works.
This rivalry is now heating up as a multi-billion-dollar spending pie gets divided. The Asian Development Bank calculates that from 2016 to 2030 countries in South East Asia will need to spend $2.8 trillion ..., Bridging the infrastructure gap is imperative for many of the countries in South East Asia, which on one hand are earmarking significant portions of their gross domestic product to support large infrastructure projects, and on the other hand are looking for international investors who are willing to enter into partnership on the biggest ventures.
According to BMI Research, since 2000 Japan has financed $230 billion worth of projects in the region (completed or under way), while China has spent $155 billion.
China in recent years has exported its infrastructure products and technology across Asia. And Japan has done the same.
High-speed railways is the sector where this rivalry is the most visible. In 2015 a Japanese company was beaten by a Chinese competitor in a $5 billion tender to build a high-speed train from Jakarta to Bandung, in Indonesia.
Japan’s answer was not long in coming. That very same year, the country of the Rising Sun won a $15 billion “soft loan” to ...
DA PUMP’s “U.S.A.” has become a popular hit that many people are trying to learn the group’s dance moves. Former IDOLING!!! member Asahi Nao is one of the people learning the moves and posted it on Twitter last week. DAPUMPさんの新曲「U.S.A」おもしろすぎる🤣#いいねdance#DAPUMP#USA pic.twitter.com/m2YsEKmwdq — 朝日奈央 (@pop_step_asahi) May Read More …, Ryan Reynolds is in Japan promoting “Deadpool 2”, which has made over $500 million worldwide (the film was budgeted at $110 million). Reynolds attended the event with costar, actress Kutsuna Shiori (who plays the character of Yukio). Joining Reynolds and Kutsuna was X Japan’s TOSHI, Read More …
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