Japan's Maglev Probe Widens

The transcript discusses the ambitious $80 billion maglev project in Japan, which aims to revolutionize high-speed rail by using advanced technology to achieve jet-like speeds. However, an investigation into collusion among major Japanese construction companies, including Obayashi, threatens to delay the project. These companies, which dominate Japan's construction industry, face potential fines and loss of public trust. The investigation's outcome could impact not only the construction sector but also Japan's foreign policy, as the project is part of an export package to the U.S. under Prime Minister Shinzo Abe.

What is the primary feature of the maglev project discussed in the video?

• It uses traditional rail technology.

• It is slower than conventional trains.

• It is only for domestic use in Japan.

• It levitates and travels at jet speed.

Which company was initially investigated for collusion in the maglev project?

• Mitsubishi

• Obayashi

• Toyota

• Sony

What was the nature of the collusion involving Obayashi and other companies?

• They formed a new joint venture.

• They shared technology secrets.

• They colluded in the bidding process for contracts.

• They were involved in price fixing.

What percentage of Japan's construction industry is made up by the companies involved in the collusion?

• 1/5

• 2/5

• 4/5

• 3/5

How might the collusion scandal affect Japan's foreign policy?

• It will have no effect.

• It could strengthen ties with the US.

• It could delay export deals and affect relations.

• It will lead to new trade agreements.