An unexpected buyer is turning houses, temples and abandoned factories from Japan into tourist accommodations: China

Something is happening in Japan for a while to this part, a phenomenon that began with waves of Chinese tourists who came to the nation To stayand then extended through zones, where the proliferation of “new chinatowns” was giving rise to neighborhoods with Chinese than Japanese. The theme became something more serious when this “chinification” reached one of the national bastions: Pop culture. The latest: Beijing is buying its most traditional architecture and turning it into Resort tourist. Kyoto as shuttle. He told him Nikkei weekend In an extensive report. In a Japan where modernity threatens to eclipse centuries of tradition, the figure of Yuichi Ishikura embodies a phenomenon as unexpected as decisive: the Rescue of the architectural heritage traditional by Chinese citizens. Born in the province of Fujian and raised from adolescence in Kyoto, Ishikura found her vocation after a personal experience in a guest house during her university studies in the United States. Upon his return to Japan in 2015, with just 23 years, he acquired his first Machiya (Typical narrow and deep wood housing built since the EDO period) for just over 10 million yen. He transformed it into a tourist accommodation and, in just three years, he had recovered his investment. Since then he has renewed More than 60 properties Similar, including the Shichikutei house, near the Kyoto station, and has declared its intention to become the number one operator of Machiyas throughout Japan. The threat of the Machiya. It is not a trivial theme in Japan. The Kyo-Machiya are architectural jewelry of the old capital, and are disappearing to the alarming rhythm of about 800 a yearpressed for the high cost of its maintenance, inheritance taxes and the real estate voracity that replaces them with apartments and floors. And while the Japanese seem to resign themselves to that disappearance, foreign investors (especially of Chinese origin) They are turning that crisis into the opportunity. Here, like Nikkei explainedFigures like Lee Wendy, a native restorative of Shanghai who have rehabilitated 40 Machiya and perfectly reflect this trend. The phenomenon has grown so much that, according to a study by the city of Kyoto, a 30 % of the accommodations Under municipal license are in the hands of some 500 foreigners, many of them Chinese buyers who have converted these traditional houses in tourist accommodations without losing their aesthetic or historical value. Temples for sale. The phenomenon is not limited to houses. In rural areas such as Shiso, in Hyogo Prefecture, Buddhist temples They have also started Change hands in the absence of successors priests. One of these temples, acquired by a Chinese buyer after the death of the main priest in 2017, has generated local controversy for the informal use of the enclosure. Meanwhile, other temples have had to publicly go out to Define rumors Sales disseminated on platforms as Rednotea Chinese social network in which deceptive ads circulate that promise tax benefits for acquiring religious properties. One of the most popular cases was the Jisso-in Monzeki templewith 800 years of history, which He denied categorically Be for sale, after detecting false publications aimed at Chinese investors. The fiscal attractiveness. Behind this fever for acquiring temples, sanctuaries and Japanese traditional houses Nikkei had That there is a double attraction: on the one hand, the cultural and architectural value that represents for many Chinese citizens a difficult heritage in their native country. On the other, and equally important, the favorable fiscal conditions For religious institutions in Japan, which attract investors with commercial vision. Real estate sector executives in Osaka confirm that they have intermediate in the sale of religious properties to companies based in Hong Kong and are currently promoting other enclosures in Kyoto and Nara. And the sake. The phenomenon has gone much further. The conservation of the cultural legacy has also reached other spheres. In 2019, Zhou Chunbao, Shanghai businessman, Matsuoshuzojo acquireda historic Sake distillery in the saga prefecture that was on the verge of closing due to management problems. Motivated by their desire that the Chinese people know the Japanese culture through the Sake, Zhou revitalized the company and its production, which in 2022 reached regional recognition by winning the highest award in the Junmai Daiginjo category. Zhou’s intervention saved from oblivion a local institution whose history goes back at the end of the Edo period, at a time when the sake industry is It has drastically reducedwith a 40 % decrease in the number of distilleries and a 20 % drop of its historical volume of national sales. The “soul” of Japan. Thus, and while the tangible heritage of Japan (from traditional houses to centenary temples and ancestral distilleries) faces a slow but constant disappearance due to the lack of successors, it seems that it is a generation of Chinese investors who are willing to assume the challenge of keeping it. What for some represents a loss of cultural control, for others it becomes an unexpected form of continuity. Thus, in the face of the passivity or inability of certain local sectors, new heirs (Chinese) are arranged not only to invest capital, but also to revalue with sensitivity and pragmatism that for centuries has been the material essence of Japanese identity. Image | GIVE CRUSE In Xataka | Japan is living something unpublished in its most emblematic neighborhoods: the “chinification” of anime and video games In Xataka | A phenomenon that has already happened in New York is spreading throughout Japan: neighborhoods with younger than Japanese

Europe is so desperate for housing that there are already people asking for rehabilitating factories like houses

More than the progress of the economy, unemployment, emigration, politics or corruption. If there is something really We are worried To the Spaniards, something that takes away our dream, is housing. The CIS says it in Your latest barometerbut it is something that is perceived in the street: only a few weeks ago tens of thousands of people mobilized in almost 40 cities to show their discontent anger precisely because of the escalation in the price of houses, with rentals Beating records and the cost of m2 Nailing with the values ​​prior to the real estate bubble. With that backdrop (which It is not exclusive from Spain) There are those Believe That part of the solution to the housing crisis is right before our noses: the thousands of square kilometers of unused industrial areas distributed throughout Europe. “Urban Regeneration”. Proof that housing worries, in Spain (and many other countries), is that every time studies, comparative and statistics are published that either put the thermometer to the sector or venture to propose solutions. Does A few months It was done by the Systemiq company with a report that insists again and again on the potential of the “Urban Regeneration” To alleviate, at least in part, the housing problem of Europe, where prices in cities They have climbed until hinder access to homes. And what does “urban regeneration” understand? “Transforming infra -utilized land and obsolete buildings into compact and dynamic places to live, work and do business,” he explains The study Before stressing that it is “a strategy that could relieve the housing crisis in Europe and at the same time revitalize its cities.” That last nuance is not accidental. The company recalls that it grows above all the interest in housing located in urban environments, which leaves cities in the face of the challenge of finding the ground with which to cover the demand. A fact: 19,000 km2. Systemiq’s study is just that: a study. With their biases, strengths and weaknesses. However, it is interesting to approach an approach that over the last years It has sounded In the sector and even big promotions residential And it is among other things because it provides some illustrative figures. According to the authors of the report, in Europe there are approximately 19,000 square kilometers of “abandoned industrial land” and between 200 and 300 km2 of offices “available for conversion in attractive areas”. All this, the firm recalls, while in Europe you seek precisely new developments. “The demand for housing in dynamic cities is booming, just like that of mixed and alternative spaces, such as coexistence developments or new types of work spaces,” The technicians add of system. Enough for more than 10 years. “The appropriate locations for urban regeneration could satisfy most, if not the totality, the demand for new buildings provided in Europe for the next 10-15 years and would save cities about 20% of the planned infrastructure costs,” The report abounds. Its authors even throw themselves with some calculations and projections in the future, although without specifying how they get to them. In his opinion, “a fraction” of that wide area, around 300 square kilometers of empty offices and commercial premises and between 1,000 and 1,500 km2 of “vacant lots”, to meet the European land demand for a decade or decade and a half view. The key would go to allocate to spaces for housing and commerce. The report It also estimates that during that same period a total considerable investment would be reached that would be around four or six billion. Is it a new proposal? No. The country appointment For example, a 2024 JLL manager report that identifies 20,529 km2 of wasteland in Europe that could be used for that purpose. “His analysis suggests that the re -urbanization of a small part of those lands in the region would create between 713,750 and 1,247,500 new homes,” Comment to the newspaper Laura Nolier, from the Ginkgo firm. A few years ago the organization Habitat for Humanity He also performed A study in which he explored the potential of empty spaces to face the lack of housing. As remember The Archdily Specialized Website, Habitat technicians chose the United Kingdom as a pilot study area. His study ended up locating about 7,000 commercial and businesses in England, Scotland, Wales that were in the hands of local authorities and carried out without use for more than a year. Only empty office spaces could be transformed, according to their calculations, in more than 16,000 residential units. Commercial disuse spaces would give for 3,500. Beyond the theory. Not everything is theory. There are public administrations and promoters who have already opted to give a second life to empty buildings. In recent years, both inside as Out of Spain They have converted into homes office buildings, quarters, temples, Factories of different guys either Wineries that they have ended up reopening like luxury residences. Any initiative has even gone further by raising the transformation of an entire industrial zone into a residential area, as is the case In Vallecas PuenteMadrid. Are all advantages? No. Urban regeneration projects or give a second chance to industrial spaces and offices for homes to also face challenges. Both urban and architectural, normative and bureaucratic. In fact there are projects that directly They stay along the way and others end with a questionable result, such as Terminus Housein Essex, a rehabilitated office building as a block of floors. For frustration of his tenants, he ended up with tiny apartments and away from basic services. Opportunities and challenges. “A change in land use may imply urban impact studies, municipal approval and compliance with specific regulations. Depending on the city, there may be restrictions,” warns in The country Juan Antonio Gómez-Pintado, of the promoter Corporation Vía Agora. To those challenges are added the licenses, certifications, the need for technical studies, the possibility that the soil is contaminated and, the case, the adaptation of constructions that were originally thought for residential use. Another key … Read more

If you do not build its Arizona chips factories, you will face tariffs up to 100%

Donald Trump Does not take care of your effort with TSMC. During the electoral campaign the current US president said on several occasions that he was determined to make the decisions that were appropriate so that the country that now governs Recover the leadership of the semiconductor industry. Untilly entered the 80s of the last century, it had some of the most robust companies in this sector, such as Intel, Texas Instruments, IBM or Motorola, but little by little it was giving control of a market that Now it is in Asia’s hands. TSMC currently has a global fee of approximately 60% and manufactures avant -garde chips for many US companies, such as Apple, Nvidia, AMD, Broadcom or Qualcomm, among others. This Taiwanese company has factories in the US, such as the Phoenix (Arizona) plant that is about to start the large -scale production of Integrated 5 nm circuits In the N4 lithographic node, but a good part of the semiconductors that he gives to their American clients leave their Taiwan plants. Donald Trump wants to end this strategy. This statement He did it on January 27, a few days after returning to the White House and starting his second presidency: “In the very close future we will impose tariffs on foreign production of computer chips, semiconductors and pharmaceutical products to return the manufacture of these essential goods to the US (…) went to Taiwan; now we want you to return. We do not want to give them billions of dollars Biden. Tariff up to 100% to TSMC are still on the table The stir that has triggered The tariff strategy of the US government throughout the planet during the last week is not precedents. But in terms of integrated circuits in general, already TSMC in particular, Donald Trump has not modified his least. The statement you have made Just a few hours ago during an event of the National Republican Committee of Congress, it places TSMC again in the Center for Care despite the planning to build several more plants in Arizona in the medium term. “If they do not build their plant here they will pay a great tax. Maybe 25%. Or 50%. Or 75%. Or even 100%” “I did not give TSMC money. It is a great company. The most powerful in the world. The largest chips company on the planet (…) is spending 200,000 million dollars in Arizona by building one of the largest plants in the world. All that without money (USA). All I did was: ‘If they do not build their plant here they will pay a large tax. Maybe 25%. Or 50%. Or 75%. Or even 100%“, Donald Trump has argued. It is evident that the goal of having forced TSMC is being pointed out to settle in Phoenix with the purpose of producing avant -garde chips in the US in the US in the US already manufactured to those already manufactured in Taiwan. Trump does not strive in the least to take care of forms. His statements, that of January and yesterday, threatenly threaten TSMC. As I mentioned a few lines above, the first plant of this company in Phoenix is ​​about to manufacture large -scale chips, but its plan does not end here. The second factory will be operational in 2028 and will produce integrated circuits in N3 (3 Nm) and N2 (2 Nm) nodes. And finally, the third factory will not be listed at all until the end of this decade and will produce chips in the N2 (2 nm) node. In addition, the TSMC production infrastructure in Arizona will have two advanced chip encapsulated facilities and an R&D center. At the current situation it is unlikely that this company renounces this project. Image | TSMC More information | Reuters In Xataka | Intel’s plan in front of an unattainable TSMC: beat Samsung and consolidate as the second largest chips manufacturer

Go for free to attract MG and Byd factories

The electric car is a pressure cooker. One that has a lot of chickpeas and that suggests how those who were well together now that the temperature has risen jump from one side to another. Chickpeas are, of course, the countries of the European Union. In their day they formed ranks to lift tariffs against electric cars (first in the form of compensatory rights). Most seemed to show themselves in favor and only Germany proposed an alternative that did not go through their cars. Both Chinese and German manufacturers produced in China. Little by little, the pot was taking heat and the pressure increased. Inside, those chickpeas that seemed to go to one began to be removed already Show your discomfort. More and more countries began to soften their positions with tariff From abstention to negative. But the fire had already started and the stew had started. There was no way to stop it. The chickpeas jumped through the air and each one took the positions that most interested. Spain, in a 180º degree turn, He went from supporting tariffs to refrain in vote. An aesthetic exercise, the latter, because before on a visit to China, the president of the Government Pedro Sánchez, there was already Praise Chinese electric cars and had been receptive to the Asian country. Now, with a new byd factory on the table, the posture change gains more importance than ever. Europe and Spain, on different roads The expansion of Byd is being one of the hot topics currently in the European car. Both for the factory that is yet to come and the one in motion. By order. Europe puts difficult things … Although Europe raised tariffs to the Chinese electric car, it kept the door open to its investments and it is understood that Do not impose new levies To vehicles moved with combustion engines (including plug -in hybrids) it was a hand laid to China. Chinese brands soon took the initiative with the soil search In Europe to make their cars … more or less. Byd confirmed a plant in Hungary and Later in Türkiyesince the country has a Commercial Agreement with the European Union that you should allow you to export cars without paying tariffs for them. Another proposal was that of the Chery group, which has been made with the Nissan facilities in Barcelona to produce cars that, in reality, They arrive in kits from China And here they just finish riding. Both this option and that of Türkiye are in the spotlight of the European Commission that already warned that more powerful investments would be needed to get rid of the economic lock. But, in addition, the European Commission seems willing to put the most complicated things to Chinese manufacturers. Financial Times He explains that the Byd plant in Hungary is being built with illegal subsidies of the Chinese state. The European Commission studies punishing Byd for the very small value generated despite raising a factory in Hungary If confirmed, the economic newspaper notes that the European Commission could force the Chinese company “to sell some assets, reduce the capacity, reimburse the subsidy and potentially pay a fine for non -compliance“. What they maintain in the heart of the European Union is that the factory has been built with Chinese labor and only uses Chinese pieces, both for batteries and their cars, creating very little value. The issue is delicate because the Hungarian government, led by Viktor Orbán, is part of the Easceptics and is one of the greatest critics of the European Union. In addition, it has been very close to Beijing, which seems essential for the company to have invested 4,000 million euros in Hungarian soil in a factory that can use 10,000 people. And we must add that The situation of Hungary Within the European Union it is key because it allows you to access a cheaper labor but without complicating the distribution of cars in its European cast. … And Spain goes for free As we said, one of those chickpeas that began stirring and ended up jumping through the air looking for their own destination was Spain. Our country played Iberian pig exports They have the Chinese market as essential to square the accounts at the end of the year. But also huge amounts of money. To start, the arrival of the Chery group to Barcelona. Then the investments have materialized. First with the arrival of companies to Spanish key ports but, above all, with the investment of 7,000 million euros that catl It will carry out in Aragon next to Stellantis to nurture the batteries of small electric cars that the automobile group will produce in Zaragoza. “President Sánchez’s position change with electric vehicles has been very important. It has been highly appreciated by Chinese companies and We appreciate it with 10,000 million investments in Spain“The words are from Yao Jing, Chinese ambassador to Spain before a group of journalists, collect in The world. Those 10,000 million euros are formed by the 7,000 million euros of Catl but also for the 3,000 million euros that in investing invision and hygreen energy in the south of the country, although these last two projects still have to get ahead. ENVISION has already committed to Invest around 3.8 billion euros In Spain in 2022. The bulk would be taken a battery factory in Navalmoral de la Mata (Cáceres) with 2.5 billion euros of investment. The rest would be distributed by Alcazar de San Juan (Ciudad Real) and Navas del Marqués (Ávila) in projects for the production of renewable energy and its storage. Last year, after the Visit from Pedro Sánchez to Chinathe investment of another 900 million euros in investment of electrolyte with Hygreen Energy money. But the Cordial relations between China and Spain They continue because there are still very juicy projects floating on the European continent. “We are proposing more economic projects with Spain,” he said in his contact with Yao Jing journalists. The … Read more

TSMC is willing to take control of Intel chips factories. What you don’t want is to do it alone

The administration led by Donald Trump has asked TSMC to help rescue intel semiconductor factories. This is at least what media support almost always as well informed as Reuters either SCMP. If so, This initiative of the US government It changes everything. If the Trump administration did not agree with this strategy, its viability would be very small, but its support invites us to take this possibility very seriously. According to these TSMC media, it is preparing a proposal that will present both Intel and the US government to take control of Integrated circuit production plants of this American company. However, this Taiwanese chips manufacturer does not want to face this solo challenge; He prefers to do it with other companies that presumably also interested in participating in the management of Intel factories. According to the sources of ReutersTSMC managers are talking to their Nvidia, AMD, Broadcom and Qualcomm counterparts with the purpose of constituting a joint company that is responsible for plant management. TSMC would not have a participation in any case greater than 50% in this Joint Venture. At the moment there has been no official confirmation that supports these negotiations, but at the current situation this information is very credible. In any case, this plan will not come to fruition if it does not have the approval of the Donald Trump government. Some Intel relevant employees want to keep control of factories Ben Sell, Vice President of Intel Technology Development, confirmed At the end of last September that the 18A node already has the maturity necessary to enter large -scale production in 2025. and also assured that it will benefit from the resources that have been reallocated since the 20A node. In the current scenario the 18A node will be the true protagonist. In fact, and this is really important, Intel has confirmed which will receive a maximum of 3,000 million dollars within the framework of the ‘Chips and Science Act’ program to manufacture semiconductors for the US government in a reliable way. Lithography 18a is the best opportunity that Intel has to resume direction and improve its competitiveness The name of this plan, “Safe Enclave”, reflects one of the requirements required by the Administration: Chips must occur in the strictest confidentiality. And, as we can intuit, these integrated circuits They will be manufactured in the 18A node. This integration technology is definitely the best opportunity that Intel has to resume course and improve its competitiveness. In fact, voices are being raised within the company itself that demand a little patience to give this node the opportunity to place Intel on the path of recovery. This statement by Joseph Bonetti, main manager of Intel engineering programs, expresses this vision very well: “Intel leaders, Board of Directors of Intel and Donald Trump administration, please do not sell or give the control of Intel Foundry to TSMC just when Intel is taking the technological front and starting to take off. It would be a terrible and demoralizing error.” Bonetti also maintains that Intel is not lagging for its competitors, and that the advances that their engineers are achieving in the field of chips production are very important. At the current situation there is no doubt that the 18A integration technology is the best Intel asset to recover health, but it is important that we do not overlook that its technicians have been calibrating more than a year and adjusting their first teams of lithography of extreme ultraviolet (UVE) and haute opening manufactured by ASML. Intel has them in its Hillsboro (USA) plant. The first tests with this machine presumably They made them at the end of 2024and in 2025 the preliminary tests that pursue to manufacture integrated circuits in the 14A node will begin. It sounds exciting. We will follow the track to this machine very closely to keep you aware of all progress. Image | Intel More information | Reuters | SCMP In Xataka | Bill Gates has radiographed Intel. And his diagnosis is overwhelmingly accurate

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