Posted inNortheast Asia

The Nippon Steel deal: taking another look

“Countries have no friends – just interests,” or so goes the paraphrased version of Lord Palmerston’s statement. That was so cynical – so 19th Century British Empire. But 170 years later, try buying another nation’s steel company and you might think Lord Palmerston was right.  Japan’s largest steel company, Nippon Steel, wants to acquire US Steel. Many decades ago, […]

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