High-priced goods market active
April 18, 2021 (Sunday) Clear to cloudy
President Biden selects Prime Minister Suga Yoshihide as the first leader he will meet face-to-face since taking office.
In the midst of the U.S.-China confrontation, how far will Japan walk together with the United States?
The summit meeting raised multiple concrete themes and pressed Japan to make up its mind.
In the joint statement positioned as the “navigation chart of the alliance,” it stated “emphasizing the importance of peace and stability in the Taiwan Strait,” which was a kind of litmus test for Japan.
Including “Taiwan Strait” in the context is the first time since diplomatic normalization with China in 1969 (52 years ago).
Prime Minister Yoshihide Suga, during his visit to the United States, held a telephone meeting on the morning of the 17th (Japan time evening of the 17th) with Albert Bourla, CEO of Pfizer, in Washington.
He requested that the company increase the supply of the COVID-19 vaccine to Japan.
During the summit between Prime Minister Suga and President Biden, China has been increasingly resistant after touching on Taiwan issues and human rights issues.
A spokesperson at the U.S. Embassy in China on the 17th issued a statement saying they “strongly protest and firmly oppose” the Japan-U.S. joint statement.
SoftBank (SB) <9434> [closing price 1,429.5 yen] will introduce drones (small unmanned aircraft) that serve as mobile base stations.
Within a 10-km radius, up to 2,000 devices can conduct calls simultaneously.
In case a disaster destroys ground base stations and cuts off the communications network, aims to restore within one hour of arrival on the scene.
(Nikkei, front page)
Markets for high-priced goods such as diamonds, luxury cars, and luxury apartments are thriving.
Stock prices in various countries are at record high levels, and the wealthy who hold financial assets are spending.
There is also a downside in that it has become harder to spend money on services like overseas travel due to the COVID-19 pandemic.
Prime Minister Yoshihide Suga, on the 16th, sought cooperation from President Biden for the Tokyo 2020 Summer Olympics and Paralympics.
The United States plans to send the world’s largest team, which will have a significant influence on the Olympics.
In the joint statement, the United States explicitely stated support for the Prime Minister’s efforts to host the Games, but did not mention the dispatch of teams or other specifics.
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