Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.
I don’t know which country needs which the most, but I know that Japan’s economy has partly recovered largely because China’s economy is going great guns. When Japan had much to sell and no one was buying, things were different.
At any rate, there’s great potential for the economic and trade ties of the two countries now.
1. Japan has been China’s most important trade partner for a long time. For 11 years beginning in 1993, Japan was China’s largest.
2. In 2007, two-way trade climbed 13.8% to $236 billion.
3. Mechanical and electrical trade products now make up more than half of the trade volume.
4. Japan’s total investment in China has reached $60.7 billion.
5. Investment has switched from processing industries to manufacturing industries.
6. Japanese electrical and mechanical manufacturers have moved their production bases to China.
7. Rapid growth in investment from Japan in R&D, financial services. logistics and marketing are a new source of economic growth.
8. Japan’s government is contributing to the development of China’s infrastructure and enviromental protection as well as education and poverty reduction.
9. High-level visits – “dubbed “ice-breaking,” “ice-thawing,” and “spring-heralding” tours — by leaders of both countries, have warmed up the China-Japan relations.”
10. China is committed to sustained development. The more money Japan gives, the more China will use.