After the outbreak of the Russia–Ukraine conflict, Japan wasted no time in advancing its national strategy and actively promoted shuttle diplomacy with the United States(U.S.), Europe, East Asia, and neighboring coun...After the outbreak of the Russia–Ukraine conflict, Japan wasted no time in advancing its national strategy and actively promoted shuttle diplomacy with the United States(U.S.), Europe, East Asia, and neighboring countries of Ukraine around sanctions against Russia based on strategic considerations and the goal of maximizing national interests. Japan regarded this conflict as an important opportunity for an international strategic game, in an attempt to move and overturn the postwar international order and reconstruct the new global order with the U.S., Europe, and Japan as the core countries dominating the military, science and technology, and economic spheres. In response to the crisis, Japan made a brief policy adjustment—from the initial hesitation to the imposition of active sanctions and pressure on Russia—to reverse the passive situation on the issue of the Four Northern Islands and weaken Russia’s strength. Japan also took the opportunity to promote the “China threat theory”;strengthen the quadrilateral mechanism between the U.S., Japan, India, and Australia;provoke regional confrontation;and try to gain a new Cold War dividend.展开更多
Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalizati...Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalization, the direct or indirect impact it suffered can be imagined. The Chinese government adopted a series of measures to deal with the financial crisis.展开更多
The global economic crisis that blew up at the end of 2006 in the United States has had extremely negative impacts on the social, political, and economic fields. The countries operating in the most affected macro area...The global economic crisis that blew up at the end of 2006 in the United States has had extremely negative impacts on the social, political, and economic fields. The countries operating in the most affected macro areas---the United States and Europe---have put through the wringer the domestic trade relationships as well as the international ones, by injecting a chain reaction into the global economic scenario. However, there are countries that seem to be free from the economic and financial contagion overflowing over the past years, as they are moved by an ＂invincible projection toward the growth＂. The present study aims to analyze how much the main emerging market of China has been effectively involved in this vicious circle. More specifically, the study intends to propose an empirical analysis on the real connection between the macroecnnomic data and the strong structure of the Chinese publicly listed companies. This paper investigates the prediction of failure among 3,220 Chinese publicly traded companies （listed companies） during the global crisis period. By analysing the financial accounting data over the past seven years （2008 to 2014）, the emerging market score （EMS） has been adopted in order to investigate the impact of the crisis on financial distress in the main emerging market of China. The results confirm the following hypotheses： On one hand, the great majority of companies have not been suffering the downturn, since 71.93% of the entire samples present no risk of financial distress during the global crisis; on the other hand, only 6.18% have a reasonable risk of financial distress.展开更多
The global financial tsunami has swept the automobile industry and put major auto markets in the world at stake.The Ameri- can market is now between the beetle and the block,with both General Motors and Chrysler on th...The global financial tsunami has swept the automobile industry and put major auto markets in the world at stake.The Ameri- can market is now between the beetle and the block,with both General Motors and Chrysler on the verge of reshuffling.The European market has seen a plunge in both car production and sales in many countries.Several big auto companies in Japan have suffered a slump in car sales both at home and abroad.China's economy is inevitably affected,on a relatively展开更多
文摘After the outbreak of the Russia–Ukraine conflict, Japan wasted no time in advancing its national strategy and actively promoted shuttle diplomacy with the United States(U.S.), Europe, East Asia, and neighboring countries of Ukraine around sanctions against Russia based on strategic considerations and the goal of maximizing national interests. Japan regarded this conflict as an important opportunity for an international strategic game, in an attempt to move and overturn the postwar international order and reconstruct the new global order with the U.S., Europe, and Japan as the core countries dominating the military, science and technology, and economic spheres. In response to the crisis, Japan made a brief policy adjustment—from the initial hesitation to the imposition of active sanctions and pressure on Russia—to reverse the passive situation on the issue of the Four Northern Islands and weaken Russia’s strength. Japan also took the opportunity to promote the “China threat theory”;strengthen the quadrilateral mechanism between the U.S., Japan, India, and Australia;provoke regional confrontation;and try to gain a new Cold War dividend.
文摘Against the background of economic globalization, the economy of many countries has been inevitably affected by the globle financial crisis. But the impact varies. China, as one of the leading countries in globalization, the direct or indirect impact it suffered can be imagined. The Chinese government adopted a series of measures to deal with the financial crisis.
文摘The global economic crisis that blew up at the end of 2006 in the United States has had extremely negative impacts on the social, political, and economic fields. The countries operating in the most affected macro areas---the United States and Europe---have put through the wringer the domestic trade relationships as well as the international ones, by injecting a chain reaction into the global economic scenario. However, there are countries that seem to be free from the economic and financial contagion overflowing over the past years, as they are moved by an ＂invincible projection toward the growth＂. The present study aims to analyze how much the main emerging market of China has been effectively involved in this vicious circle. More specifically, the study intends to propose an empirical analysis on the real connection between the macroecnnomic data and the strong structure of the Chinese publicly listed companies. This paper investigates the prediction of failure among 3,220 Chinese publicly traded companies （listed companies） during the global crisis period. By analysing the financial accounting data over the past seven years （2008 to 2014）, the emerging market score （EMS） has been adopted in order to investigate the impact of the crisis on financial distress in the main emerging market of China. The results confirm the following hypotheses： On one hand, the great majority of companies have not been suffering the downturn, since 71.93% of the entire samples present no risk of financial distress during the global crisis; on the other hand, only 6.18% have a reasonable risk of financial distress.
文摘The global financial tsunami has swept the automobile industry and put major auto markets in the world at stake.The Ameri- can market is now between the beetle and the block,with both General Motors and Chrysler on the verge of reshuffling.The European market has seen a plunge in both car production and sales in many countries.Several big auto companies in Japan have suffered a slump in car sales both at home and abroad.China's economy is inevitably affected,on a relatively
