Noahpinion • 11000 implied HN points • 22 Feb 24
- Japan's stock market is rallying due to foreign investment, but the real economy is struggling with recession and weak manufacturing and exports.
- Japan is increasing defense spending and bringing in foreign workers to address labor shortages, however, concerns remain about assimilation and potential backlash.
- Japan needs to focus on reclaiming its position in key industries like electronics, developing a software industry and EVs, and reforming its corporate culture to boost economic growth.