Honda chief hopes for end to China, Japan dispute

Honda chief Takanobu Ito expressed hope Monday that China and Japan will resolve their row over disputed islands given the key economic ties between the two countries.

"There is a lot of trust in the private sector between Japan and China. We're each counting on each other in the business world," Ito said, noting that he toured Honda facilities in December in the wake of the tensions.

"The Japanese and Chinese government I know are aware of this very large, very important economic relationship between our two countries and I hope they can proficiently carry out diplomacy."

Japan's ties with China have remained tense for months as the two nations repeatedly stage maritime standoffs in waters around the isles, called the Senkakus in Japan and the Diaoyus in China.

Japan's hawkish new prime minister took aim at Beijing again Friday, accusing China of deliberately allowing Japanese businesses to suffer due to the dispute and on Monday Tokyo said it would send two more patrol ships to boost its defense of the islands.

The outbreak of the tensions following Japan's decision to nationalize the East China Sea islands in September -- which sparked riots and a boycott of Japanese good in China -- has led to a slowdown in sales for Japan's second largest carmaker, Ito said.

But dealership traffic in China has now returned to about 90 percent of what it once was and about 70 percent of those customers end up buying a car, Ito said.

"I definitely feel our customers there are waiting for our products," Ito told reporters on the sidelines of the Detroit auto show.

While Ito said he did not feel comfortable evaluating the new Chinese or Japanese leadership, he said "it's common sense that this is important and I hope the politicians are aware of how important this is."

"There have been some problems, but there is a strong desire to return to that kind of growth that they've seen," he said through a translator.

  • Treasure trove of British newsreels reveals Top Gear's ancestors 3 hours ago
    Treasure trove of British newsreels reveals Top Gear's ancestors

    Long after television grew to dominate American and British homes, newsreel producer British Pathé kept at it, documenting the news of the day until finally ceasing production of new short films in 1970 after 60 years of effort. Last week, all of British Pathé's 85,000 films were put online — including dozens of fascinating, rare and often weird car films that resemble nothing so much as a jet-age Top Gear.

  • Nissan tests self-cleaning paint that could make car washes obsolete 4 hours ago
    Nissan tests self-cleaning paint that could make car washes obsolete

    During this vile, never-ending winter, motorists had three options to keep their cars clean: Shell out on regular car washes; slave away in the cold, wind and snow washing it yourself, or screw it and just drive a dirty car. I, like many, chose the last option. But if only I'd been able to test Nissan's self-cleaning car, all my troubles would have washed away.

  • Popular hot yoga myths debunked 11 hours ago
    Popular hot yoga myths debunked

    What’s the hottest new workout taking the world by storm? That would be hot yoga, also known as Bikram yoga. Conducted in a heated room with sweltering temperatures of about 40°C (or approximately 104° Fahrenheit) and 40 per cent humidity, … Continue reading →

  • Photo of a very thin Lee Kuan Yew sparks concern
    Photo of a very thin Lee Kuan Yew sparks concern

    A new picture of Singapore's first prime minister, Lee Kuan Yew, who is now 90 years old, has drawn concern from people on Singapore's internet space.

  • Waste oil collector struggles after STOMP posts, receives help from kind souls
    Waste oil collector struggles after STOMP posts, receives help from kind souls

    After being photographed at work in Jurong pooling used oil near coffee shops, 50-year-old Valerie Sim has been struggling to keep her family afloat. Web portals STOMP and The Real Singapore published pictures of her in February, triggering a witch hunt for others like her and comments from readers like “Who knows if they’ll use it as cooking oil?” Some readers also said they filed police reports against her and other people they believed were doing the same thing she was.

  • I tendered my resignation without securing the next job. Here’s why I don’t mind.
    I tendered my resignation without securing the next job. Here’s why I don’t mind.

    I have committed a taboo – I have tendered my resignation without securing the next job. The reactions to the announcement were varied but they all pretty much hint at a deep sense of disapproval. “Why did you do that?” It was as if I had renounced my faith. “What are you going to do from now on?” Almost as though a misfortune had incapacitated me. “What does your family have to say about it?” As if I had offered to cook for the next family dinner. I was, and still am, certain of my reasons and motivations for the resignation. However the response I received got me thinking about why people are so concerned about the gaps in their careers. The developed world evolved from an agricultural economy to an industrial economy to the service age, then to the knowledge economy in the late 1990s and 2000s marked by breakthroughs in technological innovations and competition for innovation with new products and processes that develop from the research community. According to The Work Foundation, the knowledge economy is driven by the demand for higher value added goods and services created by more sophisticated, more discerning, and better educated consumers and ... The post I tendered my resignation without securing the next job. Here’s why I don’t mind. appeared first on Vulcan Post.