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One of Japan’s largest steel companies, Kobe Steel, has been found to have falsified data regarding the quality of its metal products used in everything from cars to space rockets. With further revelations expected, will the scandal drive Kobe to the brink of bankruptcy? And what impact are the revelations likely to have on Japan’s manufacturing industry?
Chief executive of Hong Kong, Carrie Lam, reiterated the importance of the “One Country, Two Systems” principle in her policy address this week, as well as outlining her ideas on pressing challenges such as the housing market and an identity crisis among youngsters. Will Lam bring something new to the regional government? And will she be able to bridge widening social gaps?
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