I went to the Japan Society last evening to hear the Japanese Ambassador to the United Stats, Kenichiro Sasae, talk about Prime Minister Shinzo Abe's three-pronged effort to revitalize his nation's economy. It could have been a completely dull diplomatic affair, but I think I gleaned an important insight.

President Obama's meeting with new Chinese President Xi Jinping on June 7-8 in Los Angeles will be part of a hugely complex calculation about the balance of power in East Asia. For the first time in its history, America must learn to cope with the power of China, the world's second largest economy, at the same time that it maintains a relationship with Japan, now the world's third largest economy but one obviously showing signs of revitalization. The temptation is to conclude that one is an ally and therefore the other must be an enemy.

From the Overseas Press Club site (opcofamerica.org)

The AP Case and the Importance of the Fourth Estate

I've been writing about Corning for more than 20 years, ever since we did Hot Spots at Business Week in 1992. Here's the lates in Strategy + Business:

http://www.strategy-business.com/article/00192