The New Core: How Japan’s Stall, China’s Ascent, and Asia’s Industrial Rivalry Are Rewriting the Global Economy

This book began with a puzzle: how could Japan remain so capable and yet lose momentum, while China—once dismissed as the workshop of the world—became a central force in the industries and supply chains that define the future? The answer is not captured by simple narratives of decline or rise. It lies in how institutions convert productive capacity, capital, talent, and coordination into renewal.