02/01/2025

˻ ͓ ˜ ͓͓͖͑

BIZ & FINANCE 17 ( ´‰j̺©º¢ jÉÉÐ ¹j̲‰Ø‰ Ø¿ Ѐ¨¿¿´Ð j€Ì¿ÐРب‰ å¿Ì´

0jÉjº Љ´‰€ØÐ Øå¿ ¢Ì¿ÛÉÐ ’¿Ì ب©Ì ¿’’Ш¿Ì‰ 婺 É¿å‰Ì ̿ۺ TOKYO: +BQBO T *OEVTUSZ BOE -BOE .JOJTUSJFT TFMFDUFE UXP DPOTPSUJVNT POF JODMVEJOH FOFSHZ NBKPS #1 BT PQFSBUPST GPS UXP PGGTIPSF XJOE CMPDLT JO B UIJSE NBKPS SPVOE PG QVCMJD BVDUJPOT 5IF SFTVMUT PG UIJT SPVOE PG BVDUJPOT IFME VOEFS B MBX QSPNPUJOH EFWFMPQNFOU PG XJOE QPXFS XFSF DMPTFMZ XBUDIFE CZ EPNFTUJD BOE JOUFSOBUJPOBM FOFSHZ DPNQBOJFT XFJHIJOH UIF BEWBOUBHFT PG SFOFXBCMF FYQPTVSF JOEVTUSZ BOBMZTUT TBJE +BQBO BJNT UP BDDFMFSBUF PGGTIPSF XJOE EFWFMPQNFOU BT QBSU PG JUT EFDBSCPOJTBUJPO TUSBUFHZ UBSHFUJOH HJHBXBUUT (8 PG PGGTIPSF XJOE GBSN EFBMT CZ BOE VQ UP (8 CZ " DPOTPSUJVN PG +&3" (SFFO 1PXFS *OWFTUNFOU BOE 5PIPLV &MFDUSJD 1PXFS XPO UIF NFHBXBUUT .8 XJOE GBSN PO UIF TPVUIFSO TJEF PG UIF +BQBO 4FB PGG "PNPSJ QSFGFDUVSF OFBS 5TVHBSV DJUZ BOE UIF UPXO PG "KJHBTBXB "OPUIFS DPOTPSUJVN JODMVEJOH .BSVCFOJ ,BOTBJ &MFDUSJD 1PXFS #1 T VOJU #1 *05" 5PLZP (BT BOE MPDBM GJSN .BSVUBLB TFDVSFE UIF .8 XJOE GBSN PGG UIF DPBTU PG :BNBHBUB QSFGFDUVSF OFBS UIF :V[B UPXO #PUI CPUUPN GJYFE QSPKFDUT BSF TDIFEVMFE UP CFHJO PQFSBUJPOT JO +VOF XJUI UVSCJOFT TVQQMJFE CZ 4QBJO T 4JFNFOT (BNFTB B HPWFSONFOU TUBUFNFOU TBJE *O B QSFWJPVT BVDUJPO SPVOE 4QBOJTI VUJMJUZ *CFSESPMB BOE (FSNBOZ T 38& XFSF BNPOH UIF XJOOJOH DPOTPSUJVNT PG B TFQBSBUF PGGTIPSF CMPDL &BSMJFS UIJT NPOUI #1 BOE +&3" BHSFFE UP KPJO GPSDFT UP GPSN POF PG UIF XPSME T MBSHFTU PGGTIPSF XJOE PQFSBUPST IJHIMJHIUJOH B USFOE PG +BQBOFTF GJSNT QBSUOFSJOH XJUI XFTUFSO QMBZFST GPS FYQFSUJTF BOE HSPXUI XIJMF GPSFJHO DPNQBOJFT TFFL FOUSZ JOUP +BQBO T FYQBOEJOH SFOFXBCMF FOFSHZ NBSLFU +BQBO T HPWFSONFOU DPOEVDUFE JUT UIJSE SPVOE PG PGGTIPSF XJOE UFOEFST GSPN NJE +BOVBSZ UP NJE +VMZ BT JU TUSJWFT UP NFFU JUT DBSCPO OFVUSBM UBSHFU " ESBGU SFWJTFE FOFSHZ QMBO FOWJTJPOT SFOFXBCMFT BDDPVOUJOH GPS VQ UP PG JUT FMFDUSJDJUZ NJY CZ GJTDBM )PXFWFS TVSHJOH EFWFMPQNFOU DPTUT TVQQMZ DIBJO JTTVFT BOE JOGMBUJPO IBWF XFJHIFE PO UIF PGGTIPSF XJOE TFDUPS o 3FVUFST

1"3*4 "QQT JOGVTFE XJUI "* BSF CFJOH NBSLFUFE UP TDIPPMT BDSPTT UIF XPSME BOE HPWFSONFOUT BSF SVTIJOH UP FNCSBDF UIF UFDIOPMPHZ EFTQJUF FYQFSUT SBJTJOH TFSJPVT EPVCUT 5IF TFDUPS LOPXO BT &E 5FDI FYQMPEFE EVSJOH UIF $PWJE QBOEFNJD BT TDIPPMT DMPTFE UP TUPQ UIF TQSFBE PG JOGFDUJPO BOE NJMMJPOT PG DIJMESFO XFSF GPSDFE UP MFBSO JO GSPOU PG TDSFFOT BU IPNF "T EFNBOE ESJFE VQ BGUFS TDIPPMT SFPQFOFE &E 5FDI TUBSUVQT USJFE UP XJO CBDL JOWFTUNFOU CZ BEEJOH "* UP UIFJS QSPEVDUT BOE NBSLFUJOH 5FDI UJUBOT MJLF .JDSPTPGU .FUB BOE 0QFO"* IBWF BMTP TQJFE BO PQQPSUVOJUZ QSPNPUJOH UIFJS "* QSPEVDUT UP TDIPPMT PS QBSUOFSJOH XJUI TUBSUVQT 8IJMF NBOZ FEVDBUJPO NJOJTUSJFT IBWF BOOPVODFE QMBOT UP EFQMPZ "* BQQT UIFSF BSF QMFOUZ PG EJTTFOUJOH WPJDFT 5IF 6/ T FEVDBUJPO CPEZ 6OFTDP FWJTDFSBUFE UIF SFDPSE PG POMJOF MFBSOJOH EVSJOH $PWJE TBZJOH UIF SBQJE SPMMPVU PG UFDI TPMVUJPOT XBT B iUSBHFEZu UIBU IBE JODSFBTFE JOFRVBMJUZ BOE XPSTFOFE MFBSOJOH PVUDPNFT 6OFTDP T .BOPT "OUPOJOJT UPME "'1 UIBU "* NJHIU IBWF TPNF VUJMJUZ JO FEVDBUJPO CVU SJHIU OPX JU iTFFNT

ÙàÏÜØ×ÏØÞÝ ÜßÝÒ ÞÙ Ï×ÌÜËÍÏ ÞÒÏ ÞÏÍÒØÙÖÙÑã ÎÏÝÚÓÞÏ ÏâÚÏÜÞÝ˪ ÎÙßÌÞÝ

ZJFMET GVSUIFS w TBJE 7FOLBUBLSJTIOBO 4SJOJWBTBO GPVOEFS BOE NBOBHJOH QBSUOFS BU EFCU BEWJTPSZ GJSN 3PDLGPSU 'JODBQ 5IF CBOLT SFMJBODF PO $%T NBZ DPOUJOVF JO UIF MBTU RVBSUFS PG UIF GJTDBM ZFBS BT MJRVJEJUZ JT FYQFDUFE UP CF UJHIUFS EVF UP GBDUPST TVDI BT JODSFBTFE MFOEJOH BTTFU MJBCJMJUZ NJTNBUDIFT BOE IJHIFS TUBUVUPSZ PVUGMPXT TBJE .BUBQSBTBE 1BOEFZ WJDF QSFTJEFOU BU GJOBODJBM BEWJTPSZ GJSN "SFUF $BQJUBM o 3FVUFST 7BOEBOB 1BOEFZ UPME "'1 TBZJOH NBOZ PG IFS QVQJMT IBE OP TNBSUQIPOFT PS DPOOFDUJWJUZ BU IPNF #:+6 T IBT GBDFE BMMFHBUJPOT PG GJOBODJBM NJTDPOEVDU BOE POMZ OBSSPXMZ BWPJEFE CBOLSVQUDZ JO B SFDFOU DPVSU IFBSJOH *O SJDIFS DPVOUSJFT UIF BSSJWBM PG "* IBT SFDFJWFE B UFQJE SFDFQUJPO 0OMZ PG 64 TFDPOEBSZ TDIPPM UFBDIFST QPMMFE CZ 1FX 3FTFBSDI $FOUFS JO .BZ UIPVHIU VTJOH "* JO FEVDBUJPO XPVME EP NPSF HPPE UIBO IBSN 'SBODF BOOPVODFE JU XPVME SPMM PVU BO "* QPXFSFE IPNFXPSL BQQ DBMMFE .*" JO TFDPOEBSZ TDIPPMT MBTU ZFBS CVU RVJFUMZ ESPQQFE UIF QSPKFDU BT B QPMJUJDBM DSJTJT SVNCMFE PO .BOZ #SJUJTI QBSFOUT BSF BMTP OPU LFFO PO 4QBSY .BUIT i%PO U LOPX B TJOHMF DIJME UIBU MJLFT JU u TBJE POF VTFS PO UIF QPQVMBS .VNTOFU GPSVN "OPUIFS TBJE UIF BQQ iSVJOT BOZ FOKPZNFOU PG UIF TVCKFDUu XIJMF B GMPPE PG PUIFS QBSFOUT TBJE UIFJS DIJMESFO iIBUFEu UIF BQQ "TJEF GSPN HSJFWBODFT PWFS JOEJWJEVBM BQQT FEVDBUPST EPVCU XIFUIFS NBOZ PG UIFTF GJSNT BSF BJNJOH BU UIF SJHIU UBSHFU "MNPTU BMM &E 5FDI QSPEVDUT QSPNJTF UP iQFSTPOBMJTFu FEVDBUJPO PGUFO EFQMPZJOH "* UP NPOJUPS B DIJME T XPSL BOE UBJMPS XPSLQMBOT UP TVJU UIFJS OFFET 0GGJDJBMT GSPN #SJUBJO UP #FJKJOH IBWF MBVEFE UIJT HPBM #VU "OUPOJOJT TBJE UIF SIFUPSJD BSPVOE QFSTPOBMJTBUJPO iSJTLT NBLJOH VT GPSHFU UIBU B MPU PG MFBSOJOH JT BDUVBMMZ TPDJBM BOE DIJMESFO MFBSO GSPN JOUFSBDUJPO XJUI FBDI PUIFSu -FPO 'VS[F B GPSNFS UFBDIFS XIP OPX XPSLT BT B DPOTVMUBOU GPDVTJOH PO HFOFSBUJWF "* JO FEVDBUJPO XBT BMTP XBSZ BCPVU QFSTPOBMJTBUJPO i"* JT UPVUFE BT B TPMVUJPO UP QFSTPOBMJTFE MFBSOJOH CVU JU T B WFSZ TQFDJGJD LJOE PG AQFSTPOBM XIJDI * UIJOL TFFNT NPSF MJLF JTPMBUJPO u #PUI "OUPOJOJT BOE 'VS[F XBSOFE UIBU UFDIOPMPHZ XBT OP QBOBDFB SBUIFS JU XBT B UPPM UIBU DPVME IFMQ JO TPNF MJNJUFE TJUVBUJPOT 5IF IBSE XPSL BT FWFS XPVME CF EPOF CZ IVNBOT i5FDI TPMVUJPOT BSFO U HPJOH UP TPMWF UIF CJHHFS TPDJP FDPOPNJD DVMUVSBM BOE QPMJUJDBM DIBMMFOHFT CFJOH GBDFE CZ UFBDIFST BOE TUVEFOUT u TBJE 'VS[F m "'1

*U SFDFOUMZ BOOPVODFE B GVSUIFS NVMUJNJMMJPO EPMMBS PVUMBZ PO "* QSPHSBNNFT UP iFBTF UIF QSFTTVSFu PO IBSE XPSLJOH UFBDIFST CZ IFMQJOH XJUI MFTTPO QMBOT NBSLJOH BOE BTTFTTNFOU 5IF &VSPQFBO 6OJPO TVQQPSUT TFWFSBM MFBSOJOH BQQT BOE TFWFSBM &6 DPVOUSJFT IBWF FYQFSJNFOUFE XJUI UIFN $IJOB JT B IVHF CPPTUFS PG "* JO UIF DMBTTSPPN BOE IBT B OBUJPOBM TUSBUFHZ GPS EJHJUJTJOH FEVDBUJPO m JUT DFOUSFQJFDF CFJOH B OBUJPOBM FEVDBUJPO QMBUGPSN PG UPPMT BOE POMJOF DPVSTFT :FU UIF PO UIF HSPVOE SFBMJUZ JT PGUFO NFTTZ *OEJB CPBTUFE POF PG UIF MJWFMJFTU TUBSUVQ TDFOFT JO UIF TFDUPS EVSJOH UIF QBOEFNJD JODMVEJOH B GJSN DBMMFE #:+6 T XIJDI XBT PODF UIF XPSME T NPTU WBMVBCMF &E 5FDI TUBSUVQ :FU XIFO TDIPPMT JO /FX %FMIJ XFSF GPSDFE UP DMPTF CFDBVTF PG TNPH JO /PWFNCFS UIFSF XFSF OP GMBTIZ BQQT UP IFMQ i*U JT OPU GFBTJCMF GPS UIFN UP UBLF POMJOF DMBTTFT u ZFBS PME UFBDIFS

UP CF DSFBUJOH NPSF QSPCMFNT UIBO JU JT TPMWJOHu )F DJUFE DPODFSOT UIBU DPNQBOJFT XFSF VTJOH EBUB GPS DPNNFSDJBM QVSQPTFT EFQMPZFE CJBTFE BMHPSJUINT BOE PWFSBMM XFSF MFTT DPODFSOFE XJUI FEVDBUJPOBM PVUDPNFT UIBO XJUI UIFJS CPUUPN MJOF i* UIJOL UIF VOGPSUVOBUF UIJOH JT UIBU FEVDBUJPO IBT CFFO VTFE BT B CJU PG B 5SPKBO IPSTF UP BDDFTT GVUVSF DPOTVNFST u IF TBJE %VSJOH UIF QBOEFNJD CPPN JO WFOUVSF DBQJUBMJTUT QVNQFE NPSF UIBO 64 CJMMJPO 3. CJMMJPO JOUP &E 5FDI #VU UIBU IBT TMVNQFE UP 64 CJMMJPO UIJT ZFBS BCPVU UIF TBNF BT MBTU ZFBS BDDPSEJOH UP BOBMZTUT 1JUDI#PPL #VU GSPN /PSUI $BSPMJOB UP 4PVUI ,PSFB JU JT B EJGGFSFOU TUPSZ XIFSF FEVDBUJPO PGGJDJBMT IBWF CFFO FODPVSBHJOH UFBDIFST UP VTF HFOFSBUJWF "* #SJUBJO IBT BMSFBEZ SPMMFE PVU B IPNFXPSL BQQ DBMMFE 4QBSY .BUIT UIBU VTFT BMHPSJUINT UP UBJMPS DIJMESFO T MFBSOJOH

Pupils attending a class at a computer coding training centre in Beijing. – AFPPIC

(º ©jº jº²Ð Ø¿ ÐØ©€² 婨¨ €‰ÌØ©’©€j؉Р¿’ ‰É¿Ð©Ø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

"WFSBHF MJRVJEJUZ XBT JO TVSQMVT EVSJOH UIF QSFWJPVT UXP ZFBST 5IF JODSFBTF JO $% JTTVBODFT JT QSJNBSJMZ ESJWFO CZ UIF POHPJOH MJRVJEJUZ UJHIUOFTT #BOLT BSF SPMMJOH PWFS $%T UP NBOBHF SFEFNQUJPO QSFTTVSFT BOE BMTP MFWFSBHJOH UIFN BT B RVJDLFS GVOEJOH UPPM UP TVQQMFNFOU EFQPTJU HSPXUI GPS TVQQPSUJOH FDPOPNJD FYQBOTJPO i*G MJRVJEJUZ EFGJDJU QFSTJTUT JU NBZ FMFWBUF DFSUJGJDBUFT PG EFQPTJU

$SFEJU HSPXUI IBT PVUQBDFE EFQPTJU HSPXUI GPS NPTU PG UIF MBTU UISFF ZFBST XIJDI DPVME MFBE UP BO BTTFU MJBCJMJUZ NJTNBUDI GPSDJOH CBOLT UP JTTVF NPSF $%T #BOLT JTTVFE $%T XPSUI

$FSUJGJDBUFT PG EFQPTJU $%T BSF EFCU JOTUSVNFOUT XJUI NBUVSJUJFT PG MFTT UIBO POF ZFBS JTTVFE CZ CBOLT BOE BSF FGGJDJFOU UPPMT GPS TIPSU UFSN GVOEJOH 'VOESBJTJOH UISPVHI $%T IBT

MJRVJEJUZ UVSOFE UP OFVUSBM MBTU ZFBS BT UIF 3FTFSWF #BOL PG *OEJB GPDVTFE PO JOGMBUJPO NBOBHFNFOU BOE LFQU B UJHIU MFBTI PO DBTI DPOEJUJPOT

Made with FlippingBook Ebook Creator