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ASIA BIZ FORECAST

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ASIA BIZ FORECAST

The program forecasts Asia's rapidly changing business, finance and market trends, bringing strategies of hot Asian companies and economist insights.

Hosted by Yuko Fukushima

ON AIR SCHEDULE (UTC)

Sat.14:10 - 14:40
20:10 - 20:40
Sun.2:10 - 2:40
8:10 - 8:40

Jan. 24, Sat.

China: Investment Landmark

Thai conglomerate Charoen Pokphand Group (CP) and Japanese trading house Itochu Corp are teaming up to take a 20% stake in CITIC - one of China's largest state-owned conglomerates. News of the $10-billion deal broke the same day as China released its weakest annual growth figures in 24 years. We ask Ke Long, a senior fellow of Fujitsu Research Institute, what is motivating the tie-up between 3 of Asia's biggest business groups.



Japan: Falling Wages

Japan's big exporters are reaping profits from a weaker yen, and that's lifted the stock market. But workers have watched real wages fall for 17 months straight as rising prices bite into household budgets. The government insists bigger pay packets are a key plank in its program for reviving the economy. We ask David Swan, Managing Director of Japan and Korea at Robert Walters, if wage decline is undoing Abenomics.