After Hiroshima & Nagasaki Japan vowed to destroy America... through commerce...
Since at that time Japan was severely restricted in building armies they knew armed conflict was out of question.
Japan decided to build same things that America produced but just to make it better and cheaper. This would, in time, crumble their economy. During that era Automobiles & electronics were getting popular.
Japan managed to take a lot of market away from US. But it was only during the past 25 years that China started using this tactics (I thing after Tiananmen Square incident). China has been much more successful than Japan in using this tactics although Chinese products are considered much inferior.
China alone has taken almost 75% of the market share in a lot of products. Today a lot of labour intensive job has gone to China. This has been the one main reasons of job loss in the US market.
After Hiroshima & Nagasaki Japan vowed to destroy America... through commerce...
Since at that time Japan was severely restricted in building armies they knew armed conflict was out of question.
Japan decided to build same things that America produced but just to make it better and cheaper. This would, in time, crumble their economy. During that era Automobiles & electronics were getting popular.
Japan managed to take a lot of market away from US. But it was only during the past 25 years that China started using this tactics (I thing after Tiananmen Square incident). China has been much more successful than Japan in using this tactics although Chinese products are considered much inferior.
China alone has taken almost 75% of the market share in a lot of products. Today a lot of labour intensive job has gone to China. This has been the one main reasons of job loss in the US market.