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7/22/2025, 6:31:06 PM
>>213032145
>>213032150
During the Strong Yen period (1985–2012), Japanese firms actively offshored production to China, ASEAN, Mexico, etc. This wasn't just cost-cutting, it was a currency risk hedge. Overseas affiliates send back, dividends, interest income, royalties and service fees. These don’t count as exports, but are huge for corporate profits.
Japan turned Strong Yen into a foreign-asset empire. Today, it earns like a rentier nation, not just from what it exports, but from what it owns. The thing is, Japan created "Another Japan" in foreign land.
>>213032150
During the Strong Yen period (1985–2012), Japanese firms actively offshored production to China, ASEAN, Mexico, etc. This wasn't just cost-cutting, it was a currency risk hedge. Overseas affiliates send back, dividends, interest income, royalties and service fees. These don’t count as exports, but are huge for corporate profits.
Japan turned Strong Yen into a foreign-asset empire. Today, it earns like a rentier nation, not just from what it exports, but from what it owns. The thing is, Japan created "Another Japan" in foreign land.
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