Japan Military News, Reports, Data, etc.

Gatekeeper

Brigadier
Registered Member
You were saying;

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High or low! Oh that chestnut! Stock market up means it will increase firm's borrowing capacity, as their worth is high, therefore financial institutions are likely to lend more, because of the perceived risks has been reduced. This SHOULD allowed firm's to invest their extra money through share issues or borrowing. Which SHOULD increase economic activities

On the other hand, it could be just a bubble! Even if it's not, it's extra borrowing which I thought you said was bad (certainly if it was China doing the borrowing)! On the borrowing front, my post a few weeks back showed Japan have the highest borrowing in the world! Yet, it us perfectly ok, whereas China's is in danger of ............ defaulting! Interesting!
 

Gatekeeper

Brigadier
Registered Member
For evonomy, the consumption tax just went from 8 to 10 percent. That means more government revenue. Japan is the lead country in CPTPP so redundency has been created in case of worsening trade situation. Challenges remain of course, but so severe as the economy in descent. Its actually been out of stagnation and been pulling growth. Even if growth is not alot, its still growth, not stagnation or reduction.

Not always, an increase in taxation means a decrease in consumption! So it all depends on the propensity of spending. Also, you can't just take consumption tax in isolation. It is considered in general, other taxes will also change, as we as budgetary spending. So without looking in a more in-depth analysis, we simple won't be able to say with certainty that an increase in taxation will lead to a same increase in government revenue, or it's expenditure!
 

Gatekeeper

Brigadier
Registered Member
... and rising with every sake glass this New Year's Eve, I guess, so happy new year to Tokyo, LOL

Come on, an average of 4% increase year on year? And I thought Japan had a pacifist constitution!? Gee! I thought it's Jan 1st not April the 1st!
 

AndrewS

Brigadier
Registered Member
The defense budget has been rising. Its not going to be 50 billion each year for 15 years. Its going to keep going up, 52, 53, 55, 57, 58, 60... by year 15, it might be 70 billion USD. Additionally, cabinet meetings discussing the direction for long term plan quoted NATO level expenditure average of around 1.3. So it may go to 80 billion USD. If the argument comes back to "economy is too weak" well look at Russia, spending 5% GDP with low growth rate. Japan going to just 2% would mean 110 billion USD.

PRC opened up a can of worms with claims on Senkaku islands and Taiwan and 9 dash line.

Yes, Japan doubling military spending from 1% to 2% of GDP would mean an increase from $55B to $110B

But then what?

If we use PPP numbers for military spending, China is already at $540B (2% of GDP).
And if you're looking at 15 years in the future, Japan is already a wealthy, developed economy, but with a slowly declining population.
In comparison, 5% growth means the Chinese economy would be double the size.
That would imply Chinese military spending of $1080B, given 2% of GDP.

And in the past 2 years, we've have seen a huge increase in Chinese naval warship construction, which directly impacts Japan.
It looks like China will be adding a Japan-sized navy every 4 years for some time in the future.

But this isn't because of anything Japan has done.
It's the fallout from an actively hostile US policy towards China.
Japan is just a pawn in the competition between the US and China.

---

Technically, the PRC inherited the 9 dash claim from Taiwan (ROC).
And Taiwan (ROC) also claims the Senkaku/Diaoyu Islands against Japan.
Plus Taiwan (ROC) still claims to be the sole legitimate government of mainland China as well.

It's just a mess.
 

TerraN_EmpirE

Tyrant King
Japan looks to be modernizing it’s side arms.
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< Link is in Japanese.
Basically Howa has introduced a new rifle with modern features that may replace the type 89. HK SDF9 pistol will replace the P220. These are very conservative choices they would retain the same calibers but modernize new manufacturing and features.
 

ougoah

Brigadier
Registered Member
Engine has impressive figures. US, Russia, China, and now Japan with heavy weight, high thrust (>120KN), low bypass turbofan!

I thought the Japanese were interested in teaming up with UK or US for heavy weight 5th gen.
 

Xizor

Captain
Registered Member
Was this posted here before? I don't think so.
America-Japan security alliance ‘a problem’ in talks over Kurils, says Russian foreign minister
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