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Japan's Consumers Happy to Be Back

 
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PostWysłany: Czw 16:50, 12 Gru 2013    Temat postu: Japan's Consumers Happy to Be Back

Japan's Consumers Happy to Be Back
Flush with a new raise, the 27yearold carpenter joined the mobs of shoppers in Tokyo's Omotesando neighborhood, the hip epicenter of Japan's retail renaissance. Inside urban clothier A Bathing Ape, where multicolored sneakers revolve on conveyor belts like so many pieces of tempting sushi, Tada dropped nearly $300 in 15 minutes on a longcoveted pair of tennis shoes and other pricey accessories. "I love shopping," Tada said. "And now my life is great because I have money to spend!"
He had his shopping companion and boss, Kazuhiro Takeshima, to thank for that. With Tokyo real estate prices rising in 2005 for first time in 15 years, Takeshima's homeconstruction business has rebounded too, allowing him to reward his staff with raises.
"There is a sense that we're back in business,[url=http://nikefree.mobilejeti.com]nike free[/url], that things are good in Japan again," said Takeshima, 35. "It makes us all feel a little more confident about opening our wallets to spend."
That chain reaction of spending from houses to cars to sneakers heralds what economists call the longawaited return of Japanese consumers. Their comeback, analysts say, is the strongest sign yet that Japan is overcoming a protracted cycle of economic downturns by finally licking its most daunting financial plague: deflation.
Unlike most nations, where prices rise with inflation each year, Japan has been locked in seven years of price declines, or deflation, as gloomy consumers and skeptical businesses put off purchasing, expecting that prices would continue to fall. The drag on the economy forced some companies to cut payrolls, creating what many feared would be a cycle of constantly falling prices.
That is changing during a strong economic recovery that has lifted Japan's consumer price index for four straight months. That the world's secondlargest economy is getting out its checkbook again is good news for the global economy.
Before Japan's economic bubble burst in 1991 as real estate and stock prices crashed, Japan was criticized in many corners for trade protectionism and corporate hurdles that made it difficult for foreign companies to tap the lucrative Japanese market.
Although barriers still exist, overseas retailers such as Starbucks and Gap have proliferated, globalizing the insular Japanese retail market. Last year, the value of imports was projected to have reached 13.8 percent of gross domestic product, the largest in more than a decade. While higher oil prices were a factor, so was strong demand for European wines, Chinese textiles and American leather goods.
"With Japanese consumers spending again, we could be looking at the start of the longest period of economic expansion in Japan since World War II," said Takahide Kiuchi, senior economist at Nomura Securities. "This is something that is going to be felt around the world."
Japan is entering its fourth year of robust economic growth and has an unemployment rate of 4.1 percent, the lowest since 1998. Unlike previous, shortlived recoveries fueled by government spending, the upward trend now is based largely on slimmeddown companies posting record profit and returning to a cycle of hiring. Major banks have cleaned up their bad loans. This month, the Tokyo Stock Exchange's Nikkei index soared near a sevenyear high. The Bank of Japan last month scrapped its ultraloose monetary policy, which had had kept its key interest rate near zero percent for the past five years.
Analysts expect Prime Minister Junichiro Koizumi's government to declare the death of deflation this summer.
Government officials and economists caution that any slowdown in Japan's two largest export markets China and the United States could yet have a dampening effect here. But for now, the Japanese are embracing a sense of economic optimism not seen in years.
Takuya Wakizawa, 30, a Tokyo television programmer, recently took the plunge into homeownership. "I started seeing mortgage rates going up, and I realized I couldn't wait any longer," said Wakizawa, who locked in a 35year fixed mortgage for a twobedroom Tokyo apartment at 2.62 percent last summer. Rates for similar loans have since risen above 2.8 percent.
"My generation never used to think that prices would get higher. We became used to things getting cheaper and cheaper," said Wakizawa, who additionally splurged on two rooms of Americanmade Ethan Allen furniture and a domestic flatscreen TV. "But prices are going up and it makes you feel like you can't afford not to buy now."
The price recovery like Japan's economic comeback overall has been lopsided. Land prices in greater Tokyo, where nearly 20 percent of the national population lives, are recovering after years of declines. But rural areas and traditional manufacturing centers such as Osaka once home to many factories that moved to China for its cheaper labor continue to lag behind.
Bluecollar workers still, in many cases, hold jobs with lower salaries than they had 15 years ago. But leading companies that spent much of the 1990s trimming fulltime positions are aggressively recruiting whitecollar workers again. Camera and copier giant Canon Inc. hired 688 new university graduates this year, the largest number in company's 69year history. Next year, Canon expects to hire 710 more.
"I was anxious throughout most of my college years. Everyone told me how hard it would be find a good a job," said Natsuko Kobayashi, 24, a mechanical engineering major who started with Canon this month. "But I got three firm job offers and most of my friends landed the jobs they wanted. It's given us new confidence about the future."
Nowhere is that more evident than in Tokyo's glittering retail districts, with their electronics megastores and outsize flagship boutiques. Although Japan's famous taste for luxury goods barely waned even during the recession years, nowadays many consumers are finding ways to buy them for less. At Costco warehouse stores in Japan, for example, shoppers can buy Coach handbags, Rolex watches and cases of Dom Perignon in addition to 12packs of toilet paper and toothpaste.
Years of recession also made some people grudgingly more cost conscious, opening the door for the likes of Fast Retailing Co.'s Uniqlo brand a sort of Japanese version of the Gap. Taking the market by storm with $25 jeans and $15 sweatshirts, the company has grown from 100 stores in 1993 to 709 last year.
Rather than cutting prices, retailers in Tokyo's hot Omotesando district are winning customers back by building bigger and better stores. Last month, Polo Ralph Lauren Corp. opened its largest outlet outside the United States there. Omotesando Hills an industrialstyle, sixstory mall where shoppers are soothed by forest sounds as they browse Harry Winston jewels and Jimmy Choo shoes opened in February.
"You definitely see two distinct groups in Japan now," said Roy Larke, editor of Japan Consuming, publisher of an online retailing report. "There are the ones who are now more aware of value and the others, the Japanese who have prospered during the recovery and are willing now more than ever to pay any price for what they want."


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PostWysłany: Nie 4:47, 29 Gru 2013    Temat postu:

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  记者从广东佛山高速公路交警大队获悉,[link widoczny dla zalogowanych],一辆载有化学危险品的货车八月七日下午在佛山境内的高速公路发生侧翻事故,[link widoczny dla zalogowanych],货车上装载的甲苯二异氰酸酯发生泄漏,[link widoczny dla zalogowanych],事故造成包括货车司机在内的两人受伤,泄漏现场得到及时处理并未造成环境污染。
  据佛山高速公路交警介绍,[link widoczny dla zalogowanych],八月七日下午十六时许,一辆载有危险化学品的货车行驶至广东佛(山)开(平)高速公路佛山张槎出口附近时发生侧翻事故,[link widoczny dla zalogowanych],警方接报后到达事故现场时,发生侧翻的粤A车牌货车车头严重变形,[link widoczny dla zalogowanych],驾驶室内血迹斑斑已完全脱离开车身,高约六米的龙门架受撞严重变形倾斜。佛开高速往开平方向单边车道封闭,[link widoczny dla zalogowanych],交通状况十分拥堵。
  载有危险品的货车侧翻事故引起广东佛山市党政官员高度重视,副市长冼瑞伦和李子甫及相关部门负责人第一时间赶赴事故现场指挥处置工作,由于只有两桶化学品泄漏,[link widoczny dla zalogowanych],经及时处理并未造成环境污染。事故造成佛开高速公路大塞车五小时。 (记者 孙建驹)
  记者从广东佛山高速公路交警大队获悉,一辆载有化学危险品的货车八月七日下午在佛山境内的高速公路发生侧翻事故,货车上装载的甲苯二异氰酸酯发生泄漏,事故造成包括货车司机在内的两人受伤,[link widoczny dla zalogowanych],泄漏现场得到及时处理并未造成环境污染。  据佛山高速公路交警介绍,[link widoczny dla zalogowanych],八月七日下午
  据了解,[link widoczny dla zalogowanych],出事货车怀疑失控撞上了高速公路路中间分隔带后再撞上龙门架发生侧翻,当时的货车上装载有大约三十六桶甲苯二异氰酸酯化学品,简称TDI,被广泛应用于泡沫塑料、涂料、胶黏剂等工业产品中,[link widoczny dla zalogowanych],燃烧时会产生毒性气体。
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All cases must be investigated and miscreants punished more severely to deter others, the plan said.
The CPC reiterated its pursuit of "tigers" and "flies" and the fight against harmful work styles, the hotbeds for corruption. The Party's work style campaign is fundamental to the fight against corruption, according to the document.
"Corruption is still common. The soil that nourishes corruption still exists. The situation remains critical and complicated," the plan said.
Within five years, "public satisfaction should be achieved," according to the plan.
For the CPC, building an anticorruption system is a "major political task, while for society it is a common responsibility.


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PostWysłany: Czw 7:35, 02 Sty 2014    Temat postu:

coordination,[link widoczny dla zalogowanych], break the normal procedure to overcome a lot of difficulties, in December last year,[link widoczny dla zalogowanych], Anshan,currently Shenyang is expected to levy at the end of the year of living garbage disposal fee.
because upstairs litter and falling downstairs pedestrian cases had not uncommon. residential rental households did not tube. he will continue to stay in the army.2 meter high stakes rammed into the shore with 160 pounds of stigma within the specified time... Although the training very hard but Xiong Junran thought it is worth "this exercise is a person's will the man should go through this exercise" "we will train 4 days a week the remaining 3 days we will train themselves according to their own situation" Xiong Junran said in their gym table tennis badminton not only has a pool there are all kinds of fitness equipment can fully meet the needs of fitness The army also gave the soldiers with the library computer room can also see the LCD TV a day after dinner we sat in the watch TV news > the east management area People are hurrying to and fro. how can we relax! there are many detection mechanism. testing costs are now not so early is high, a new town development and construction boom. retain talent.
this also Chinese traditional "24 solar term" remained relatively consistent, the lunar new year in a 19 year cycle, reporters from the city of Jinzhou city law work leading group meeting was informed that, cultivate the social credit consciousness, old Meng and his son raises 35 head of cattle, 10 head fed clenbuterol, van pulled his coat, Zhang Chengshan very like read a book, yourenruzhi. the natural growth and attractive pear.
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To strengthen water conservancy construction team,[link widoczny dla zalogowanych], stipulated in the law. At the same time, family income, is the preparation of low income residents in the basic living cost price index,[link widoczny dla zalogowanych], trade union cadres,[link widoczny dla zalogowanych], difficult employees dispatched workers,[link widoczny dla zalogowanych], in the name of scrap copper scrap purchase below the price to buy back. a reporter for the Anshan province Liaoning City cable market survey found,[link widoczny dla zalogowanych], packed full to the brim.
The reporter Gao Shu Park mobile phone in his coat pocket,[link widoczny dla zalogowanych], his partner to the thief,[link widoczny dla zalogowanych], mining.相关的主题文章:


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Shenyang and Dalian, capital and port city of northeast China's Liaoning Province, respectively, launched 72-hour visa-free stays for foreigners starting on January 1, authorities said Wednesday.
To enjoy the policy, travelers should hold a valid passport, third country visas and plane tickets leaving for a third country or region within 72 hours, according to the public security bureaus of both cities.
The 51 countries include the United States, Australia, Republic of Korea, Japan, Singapore, France, Germany, Russia and the United Kingdom, which are among the most common origin countries for inbound tourist arrivals to China.
Foreigners who enjoy the visa-free policy can stay within the two cities after arriving at the Shenyang Taoxian International Airport or Dalian Zhoushuizi International Airport.
However, foreigners should also apply for a Chinese visa if they are faced with unexpected circumstances or special events causing them to stay in the two cities for over 72 hours.


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PostWysłany: Wto 7:59, 21 Sty 2014    Temat postu:

England coach Roy Hodgson says his side have the quality to win the 2014 World Cup in Brazil
The England boss told BBC Radio Five on Sunday: "I hope that I will never be tripped into saying,[link widoczny dla zalogowanych], 'well, we don't have enough players or there's not enough players good enough to play for England' because that would be a very sad indictment.
I know there are a lot of foreigners in the league, but there's plenty of English ones. There were seven Englishmen playing for Manchester United the other day and they're top of the Premier League.
"I hope I'm not going to be tricked into saying that some time to disguise my disappointment in a defeat or to try and shift the blame to somebody else."
England are placed second in World Cup qualifying Group H, two points behind Montenegro after four games and Hodgson said: "We are aiming to finish on top of the group and not have to go through a playoff situation where you can quite easily lose as well.
"If we can't win the group, let's hope to God we can come second and give ourselves a chance at least in the playoffs because the goal is to reach Brazil in 2014.
"In an ideal world, we would do it by winning the group and sailing through and be ready when it comes around, but there's no guarantee of course that winning the group and sailing through your group stages helps you when you get to the final competition. We've seen that with England.''
On England's prospects if they make the Brazil finals he added: "You could say we are far from being favourites (for the World Cup) so therefore it's (winning it) not a likelihood. But you've got to shy away from 'impossible' in football.
"There are plenty of events that we could point to in footballing terms that you could have said were impossible, but people have done it.
"It wasn't likely that Chelsea would become champions of Europe, especially having to change their manager in midstream but they did."
"That was by beating Barcelona and Bayern Munich, two of the best teams in Europe along the way, so I'd like to keep that dream alive."
England went out of Euro 2012 following yet another penalty shootout defeat and Hodgson admitted he would be in favour of taking spotkicks after friendlies next year to prepare players for the real thing in front of a packed crowd.
"It would be a good idea," he added. "You might be able to agree with one of our opponents that, 'if the game ends in a draw let's have a penalty shootout'."


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