Japan surges forward
I just read a short piece in Business Week (July 18, 2005 issue, p. 30) in which evidence of Japan’s recovery – even resurgence – are detailed. Among the numbers I thought were very interesting were that growth in non-manufacturing (services) has been seen to be ‘improving’ since March of 2003, with 20% of companies in a recent survey reporting confidence in improvement in this sector. As I’ve said before, Japanese companies have qualities that I believe will make them formidable competitors in the next round of competition in global services.
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