Worldwide Locations

Worldwide Locations

Revitalised and Resurgent: Japan's New Business Climate

Tokyo at night

Tokyo at night


Now I think it is wrong to hope that someone with a superb capability, or some country with a perceived superb power, will come out and press upon us: 'This is our vision'. I think that is wrong. I don't think we are there, we will never be there, but I think a common effort to develop such aspirations, which we can all share, that process is going to be important. And I think this richness that we all enjoy in this mission, deserves such effort. And here again I'm going back to our proud record, your proud record, of being the ones who have taken the initiative, many initiatives, some of which have come to realisation, things like APEC, ABAC and so forth, and because of the states of our economies, it is not just that we are coming into a rather advanced stage of economic development, technology-wise, I think we both have a very important role to play, in encouraging that dialogue of trying to develop common aspirations and even common beliefs and of course eventually common plans.

I am no China expert, but I have no doubt that China will grow; they will have ups and downs but not the kind that will take them all the way back to before Christ. I think we have to live with China, and I think I say this not in the negative, passive way, I think China has a great deal to offer. The younger generation of Chinese are more worldly, more global than their seniors, like our youngsters are, and I have a great deal of hope that China certainly will be a very important part in that development of aspirations, beliefs, and plans, but particularly here, I'm speaking in Sydney with the very proud history that our two countries have, both at the public level and the private level, that we will be able to play, and we must play, a singularly important role in helping the others develop this East Asia - no matter what you call it - but I think the community that we can share and that will help the region and the world as a whole.

Be assured the Japanese economy is OK. Thank you.