Effect of FDI on Chinas Technological Status Essay

Effect of FDI on Chinas Technological Status - Essay Example The researcher states that China is an emerging economy and has continued to experience great economic success starting about thirty years ago when the country achieved economic liberalization. China has successfully participated in trade and investments at the global level, thus is well integrated into the economy at the global level. Most importantly, the FDI inflows in China today are considerably high and the many foreign firms in the country continue to enhance its growth economically. Technology being a critical component of any country’s economy remains highly crucial for the development of any country, including China. In China, the policymakers have in the recent years paid great attention to technological development in the country and the major aim is to make China a technologically sophisticated country. Being an important component of the economy, it is no doubt that FDI in China influences the country’s technology. China has experienced a remarkable increa se in its FDI, and this has continued to grow to start from the mid-1980s. The paper shows data on the yearly FDI inflows of China between the year 1985 and 2014 and this exhibits an increase in FDI inflows in China, even as this stood at $2 billion in the year 1985 and grew to reach $128 billion in the year 2014. In all the developing countries of the world, China ranks among the four largest receivers of FDI and in the year 2014 estimates by the United Nations indicated that China was the worlds largest destination for FDI inflows and Hong Kong and the United States followed behind. It is predicted that there will be persistent FDI inflows in China even in the future because currently, they are still modest. Foreign companies contribute immensely to the growth of the economy in China, even as these are the source of FDI in the country. These foreign-invested enterprises remain core to Chinas foreign trade even as they continue to contribute to the growth of foreign trade in China. In the year 2014, foreign companies accounted for 46.3 percent and 45.9 percent of Chinas imports and exports respectively, even though the peak was experienced in the year 2006 when the percentage of imports and exports accounted for by the foreign companies were 59.7 and 58.2 respectively.

Economics 2 Essay Example | Topics and Well Written Essays - 750 words

Economics 2 - Essay Example Recognizing that economies are fast becoming more integrated and consolidated through the number of transactions conducted within borders, our company has started to look at the events in the global market which could affect our operations. It has began to recognize that the competition is global and that competitiveness should be enhanced in order to be at par with larger global players. This called for the installment of world best practices. How does a government budget surplus affect the economy? How does a government budget deficit affect the economy? During what periods in recent history have the U.S. run budget deficits and budget surpluses? A budget surplus indicates that a company is spending less than what it earns while a budget deficit represents the opposite. In the condition of a budget surplus, the economy is affected as consumption is seen to be lower than expected and the government often needs to stimulate spending by allowing consumers to have lesser taxes. On the other hand, a budget deficit implies that the government will need to borrow money in order to fund its expenditures. The government also often levies tax increase in order to finance its projects. In the United States, budget deficit have been observed from 1993 to 1996 while budget surplus occurs in 1998. Argue in favor of deficit spending on the part of the federal government. Then argue in favor of running government budget surpluses. List the positive and negative aspects of each. Then indicate which policy would be best at this time. A budget deficit is a very potent way in allowing consumers to save. It should be noted that during a budget deficit, customers anticipate that debt will be paid off through additional taxes in the future. Thus, in order to be able to pay these off, they will be motivated to save. On the other hand, budget surplus is recommended because the government will not need additional fund which is often acquired through borrowing from the

Management and Globalization Essay Example | Topics and Well Written Essays - 3000 words

Management and Globalization - Essay Example Coordinating: It is the function of any management to coordinate the organizational goals and objectives to every single member of the organization with a view to ensure that every member collaborates towards the achievement of the targets set by the management. Controlling: The management controls the flow of organizational activities and evaluates the direction towards which the organization is leading or being led by the management in order to avoid any missteps taken in the course of business operations. The theorists of scientific management have been engaged constantly to put forth theories of management that could be turned into practice. Management is a process carried out in an organization in order to achieve the desired results. The theories of management as brought forward by renowned theorists also attempt to put the view of management theory into practice with respect to organizations. The important theories of management are discussed below: These two theorists are known to be the pioneers of the scientific management. Frederick W. Taylor is known as the "Father of Scientific Management". He came up with the view that the productivity level of workers depends upon their frequency and propensity to rest during working hours. He was of the idea that a worker can only continue to work efficiently and productively if he takes rest during the work. A tiring situation can affect the working capacity of the workers and therefore, can hinder the way of achieving organizational goals (Taylor, 1911) Gilbreth introduced the idea that the working capacity and productivity of a worker can be enhanced by reducing the unnecessary tasks and exertions on the part of a worker during the course of his work. It would enable the worker to retain his energy throughout the work process. (Gilbreth, 1911) Therefore, both the theories given by these two theorists encompass the enhancement of workmen's working capability and efficiency and assessment of possible reasons that might be affecting the workers' productivity. Hawthorne Theory The theory put forth by the management scientists belonging to this school of thought mainly focused on the Taylor's theory of Scientific Management. They experimented on the theory and came up with interesting facts about the theory. They discovered that with the passage of time, one of the principles put forward by Taylor that enhanced lighting in the working environment could result into improved efficiency of the workers, helped to improve the workmen's working capacity even to a greater extent than anticipated. However, after further research, they figured out that the enhancement in worker's productivity was mainly due to the relationships between the managers and the workers, rather than due to lighting in the w

Scottish Power :: Business and Management Studies

Scottish Power Using examples from the annual report, explain how Companies Act legislation and other regulations influence the information contained therein. It is important for a business to create and maintain accurate financial records and to know about the different users of financial information. Every business has to meet internal and external reporting requirements to show its financial health and to meet legal and other requirements. The reasons why businesses therefore keep accurate records are: Â · Assessing its financial position - businesses assess their financial position every year so they know the business is making efficient use of resources to provide the necessary financial return to achieve a profit or suffered a loss. Businesses can find out if it as the ability to generate cash to ensure continued trading and to make dividend payments. This can be done by using figures from the profit/loss account and balance sheet to work out appropriate ratio such as acid test ratio, which shows the liquidity of the business. Â · Compare its performance with previous years - this can show businesses its future prospects and predict future trends to show profit and loss. Good records provide the financial data that help you operate more efficiently, thus increasing the profitability of your enterprise. This is because accurate and complete records enable you, or your accountant, to identify all your business assets, liabilities, income and expenses which, when compared to appropriate industry averages, help you pinpoint the strong and weak phases of your business operations over the years. The annual reports that I am going to use for this piece of work are from a well-established company Scottish Power. The predictable view of a company annual report and set of accounts is a glossy booklet, generally A4 size; there is an annual report in the appendices. The annual report is illustrated with photographs of the company’s directors and some of it activities, containing a chairman’s statement and other promotional or publicity material and extra material by a closely printed section carrying out complex and detailed financial data. The annual reports are for the year ending March 2004. Companies Act 1989 is to amend the law relating to company accounts; to make new provision with respect to the persons entitled for appointment as company auditors; to amend the Companies Act 1985 and certain other enactments with respect to investigations and powers to obtain information and to confer new powers exercisable to assist overseas regulatory authorities; to make new provision with respect to the registration of company charges and otherwise to amend the law relating to companies.[1] The relevant rules are in material form in the Companies Acts 1985 and

Market Power

Market power allows firms to increase economic profit through strategic tactics such as erecting barriers to entry, reducing rivalry, limiting substitutes, and reducing the power of buyers and suppliers (Brickley, Smith, & Zimmerman, 2009). Furthermore, market power is defined as â€Å"a company's ability to manipulate price by influencing an item's supply, demand or both. A company with market power would be able to affect price to its benefit. Firms with market power are said to be â€Å"price makers† as they are able to set the price for an item while maintaining market share† (Investopedia, 2013).Essentially, companies must control all of the aspects of market power in order to be able to raise prices without losing customers. If a market is easy to enter (lack of entry barriers), then a price increase will allow another firm to erode profits by introducing a lower-cost product. Similarly, if rivalry is not reduced, each price increase will allow for a rival to keep prices the same and gain market share. In addition, substitutes at lower prices will hinder efforts to raise prices. Finally, if a company has few buyers, the buyers have the power. Therefore, price increases will be met with a potential loss of major profit centers.In the NBC Video News Report: How to Raise Prices Without Losing Customers, Bob Prosen alludes to several practices that allow companies to raise customers without losing demand. Essentially, Prosen provides consultation on how to create inelastic demand, where a change in price does not result in a significant change of demand. For example, increasing the value proposition reduces the likelihood of substitute products (substitutes must copy increased value) and decreases rivalry (steps above rivals), resulting in the greater market power needed to raise prices.Prosen states that increasing value makes the customer appreciate the company more, resulting in the ability to raise price (Ramberg, 2012). As another example, Prosen stresses the importance of developing relationships, â€Å"people like to do business with people they like† (Ramberg, 2012). Essentially, Prosen is suggesting erecting barriers to entry by creating friendships and alliances, again resulting in increased market power needed to raise prices. As a capstone example of the need for market power, Research byMark McCabe of the Georgia Institute of Technology demonstrates the market power of academic journal vendors. Essentially, McCabe found that the consolidation of academic journal vendors (libraries) has led to an oligopoly, and therefore the price structure of academic journals is highly inelastic (McCabe, 2000). Because recent mergers had resulted in few suppliers, vendors of academic journals were able to control the market and raise prices through the use of supplier power. The demand for quality research for use in education cannot change; it is required.Therefore, a change in price will not result in a drop in deman d. References Brickley, J. A. , Smith, C. W. , & Zimmerman, J. L. (2009). Managerial Economics and Organizational Architecture. New York: The McGraw-Hill Companies, Inc. Investopedia. (2013, March 20). Market Power. Retrieved from Investopedia: http://www. investopedia. com/terms/m/market-power. asp McCabe, M. J. (2000). Academic Journal Pricing and Market Power:. THE AMERICAN ECONOMIC REVIEW, 259-269. JJ Ramberg (Author). MSNBC (Publisher). (07/20/2008). How to Raise Prices Without Losing

Endangered Species Criteria and Definition

Pacific Island Hopping in World War II

In mid-1943, the Allied command in the Pacific began Operation Cartwheel, which was designed to isolate the Japanese base at Rabaul on New Britain. The key elements of Cartwheel involved Allied forces under General Douglas MacArthur pushing across northeastern New Guinea, while naval forces secured the Solomon Islands to the east. Rather than engage sizable Japanese garrisons, these operations were designed to cut them off and let them wither on the vine. This approach of bypassing Japanese strong points, such as Truk, was applied on a large scale as the Allies devised their strategy for moving across the central Pacific. Known as island hopping, U.S. forces moved from island to island, using each as a base for capturing the next. As the island-hopping campaign began, MacArthur continued his push in New Guinea while other Allied troops were engaged in clearing the Japanese from the Aleutians. Battle of Tarawa The initial move of the island-hopping campaign came in the Gilbert Islands when U.S. forces struck Tarawa Atoll. The capture of the island was necessary as it would allow the Allies to move on to the Marshall Islands and then the Marianas. Understanding its importance, Admiral Keiji Shibazaki, Tarawas commander, and his 4,800-men garrison heavily fortified the island. On November 20, 1943, Allied warships opened fire on Tarawa, and carrier aircraft began striking targets across the atoll. Around 9:00 a.m., the 2nd Marine Division began coming ashore. Their landings were hampered by a reef 500 yards offshore that prevented many landing craft from reaching the beach. After overcoming these difficulties, the Marines were able to push inland, though the advance was slow. Around noon, the Marines were finally able to penetrate the first line of Japanese defenses with the assistance of several tanks that had come ashore. Over the next three days, US forces succeeded in taking the island after brutal fighting and fanatical resistance from the Japanese. In the battle, U.S. forces lost 1,001 killed and 2,296 wounded. Of the Japanese garrison, only seventeen Japanese soldiers remained alive at the end of the fighting along with 129 Korean laborers. Kwajalein Eniwetok Using the lessons learned at Tarawa, U.S. forces advanced into the Marshall Islands. The first target in the chain was Kwajalein. Beginning on January 31, 1944, the islands of the atoll were pummeled by naval and aerial bombardments. Additionally, efforts were made to secure adjacent small islands for use as artillery firebases to support the main Allied effort. These were followed by landings carried out by the 4th Marine Division and the 7th Infantry Division. These attacks easily overran the Japanese defenses, and the atoll was secured by February 3. As at Tarawa, the Japanese garrison fought to nearly the last man, with only 105 of nearly 8,000 defenders surviving. As US amphibious forces sailed northwest to attack Eniwetok, the American aircraft carriers were moving to strike the Japanese anchorage at Truk Atoll. A principal Japanese base, US planes struck the airfields and ships at Truk on February 17 and 18, sinking three light cruisers, six destroyers, over twenty-five merchantmen, and destroying 270 aircraft. As Truk was burning, Allied troops began landing at Eniwetok. Focusing on three of the atolls islands, the effort saw the Japanese mount a tenacious resistance and utilize a variety of concealed positions. Despite this, the islands of the atoll were captured on February 23 after a brief but sharp battle. With the Gilberts and Marshalls secure, U.S. commanders began planning for the invasion of the Marianas. Saipan the Battle of the Philippine Sea Comprised primarily of the islands of Saipan, Guam, and Tinian, the Marianas were coveted  by the Allies as airfields that would place the home islands of Japan within range of bombers such as the B-29 Superfortress. At 7:00 a.m. on June 15, 1944, U.S. forces led by Marine Lieutenant General Holland Smiths V Amphibious Corps began landing on Saipan after a heavy naval bombardment. The naval component of the invasion force was overseen by Vice Admiral Richmond Kelly Turner. To cover Turner and Smiths forces, Admiral Chester W. Nimitz, Commander-in-Chief of the US Pacific Fleet, dispatched Admiral Raymond Spruances 5th US Fleet along with the carriers of Vice Admiral Marc Mitschers Task Force 58. Fighting their way ashore, Smiths men met determined resistance from 31,000 defenders commanded by Lieutenant General Yoshitsugu Saito. Understanding the importance of the islands, Admiral Soemu Toyoda, commander of the Japanese Combined Fleet, dispatched Vice Admiral Jisaburo Ozawa to the area with five carriers to engage the U.S. fleet. The result of Ozawas arrival was the Battle of the Philippine Sea, which pitted his fleet against seven American carriers led by Spruance and Mitscher. Fought June 19 and 20, American aircraft sank the carrier Hiyo, while the submarines USS Albacore and USS Cavalla sank the carriers Taiho and Shokaku. In the air, American aircraft downed over 600 Japanese aircraft while only losing 123 of their own. The aerial battle proved so one-sided that US pilots referred to it as The Great Marianas Turkey Shoot. With only two carriers and 35 aircraft remaining, Ozawa retreated west, leaving the Americans in firm control of the skies and waters around the Marianas. On Saipan, the Japanese fought tenaciously and slowly retreated into the islands mountains and caves. U.S. troops gradually forced the Japanese out by employing a mix of flamethrowers and explosives. As the Americans advanced, the islands civilians, who had been convinced that the Allies were barbarians, began a mass suicide, jumping from the islands cliffs. Lacking supplies, Saito organized a final banzai attack for July 7. Beginning at dawn, it lasted over fifteen hours and overran two American battalions before it was contained and defeated. Two days later, Saipan was declared secure. The battle was the costliest to date for American forces with 14,111 casualties. Almost the entire Japanese garrison of 31,000 was killed, including Saito, who took his own life.   Guam Tinian With Saipan taken, U.S. forces moved down the chain, coming ashore on Guam on July 21. Landing with 36,000 men, the 3rd Marine Division and 77th Infantry Division drove the 18,500 Japanese defenders north until the island was secured on August 8. As on Saipan, the Japanese largely fought to the death, and only 485 prisoners were taken. As the fighting was occurring on Guam, American troops landed on Tinian. Coming ashore on July 24, the 2nd and 4th Marine Divisions took the island after six days of combat. Though the island was declared secure, several hundred Japanese held out in the Tinians jungles for months. With the Marianas taken, construction began on massive airbases from which raids against Japan would be launched. Competing Strategies   Peleliu With the Marianas secured, competing strategies for moving forward arose from the two principal U.S. leaders in the Pacific.  Admiral Chester Nimitz  advocated bypassing the Philippines in favor of capturing Formosa and Okinawa. These would then be used as bases for attacking the Japanese home islands. This plan was countered by General Douglas MacArthur, who wished to fulfill his promise to return to the Philippines as well as land on Okinawa. After a lengthy debate involving President Roosevelt, MacArthurs plan was chosen. The first step in liberating the Philippines was the capture of Peleliu in the Palau Islands. Planning for invading the island had already begun as its capture was required in both Nimitz and MacArthurs plans. On September 15, the 1st Marine Division stormed ashore. They were later reinforced by the 81st Infantry Division, which had captured the nearby island of Anguar. While planners had originally thought that the operation would take several days, it ultimately took over two months to secure the island as its 11,000 defenders retreated into the jungle and mountains. Utilizing a system of interconnected bunkers, strong points, and caves,  Colonel Kunio Nakagawas garrison exacted a heavy toll on the attackers, and the Allied effort soon became a bloody grinding affair. On November 27, 1944, after weeks of brutal fighting that killed 2,336 Americans and 10,695 Japanese, Peleliu was declared secure. Battle of Leyte Gulf After extensive planning, Allied forces arrived off the island of Leyte in the eastern Philippines on October 20, 1944. That day, Lieutenant General Walter Kruegers U.S. Sixth Army began moving ashore. To counter the landings, the Japanese threw their remaining naval strength against the Allied fleet. To accomplish their goal, Toyoda dispatched Ozawa with four carriers (Northern Force) to lure  Admiral William Bull Halseys U.S. Third Fleet away from the landings on Leyte. This would allow three separate forces (Center Force and two units comprising Southern Force) to approach from the west to attack and destroy the U.S. landings at Leyte. The Japanese would be opposed by Halseys Third Fleet and  Admiral Thomas C. Kinkaids Seventh Fleet. The battle that ensued, known as the Battle of Leyte Gulf, was the largest naval battle in history and consisted of four primary engagements. In the first engagement on October 23-24, the Battle of the Sibuyan Sea, Vice Admiral Takeo Kuritas Center Force was attacked by American submarines and aircraft losing a battleship,  Ã‚  Musashi, and two cruisers along with several others damaged. Kurita retreated out of range of U.S.  aircraft but returned to his original course that evening. In the battle, the escort carrier  USS  Princeton  (CVL-23) was sunk by land-based bombers. On the night of the 24th, part of the Southern Force led by Vice Admiral Shoji Nishimura entered the Surigao Straight where they were attacked by 28 Allied destroyers and 39 PT boats. These light forces attacked relentlessly and inflicted torpedo hits on two Japanese battleships and sank four destroyers. As the Japanese pushed north through the straight, they encountered the six battleships (many of the  Pearl Harbor  veterans) and eight cruisers of the 7th Fleet Support Force led by  Rear Admiral Jesse Oldendorf. Crossing the Japanese T, Oldendorfs ships opened fired at 3:16 AM and immediately began scoring hits on the enemy. Utilizing radar fire control systems, Oldendorfs line inflicted heavy damage on the Japanese and sank two battleships and a heavy cruiser. The accurate American gunfire then forced the remainder of Nishimuras squadron to withdraw. At 4:40 PM on the 24th, Halseys scouts located Ozawas Northern Force. Believing that Kurita was retreating, Halsey signaled Admiral Kinkaid that he was moving north to pursue the Japanese carriers. By doing so, Halsey was leaving the landings unprotected. Kinkaid was not aware of this as he believed Halsey had left one carrier group to cover the San Bernardino Straight. On the 25th, U.S. aircraft began pummeling Ozawas force in the Battle of Cape Engaà ±o. While Ozawa did launch a strike of around 75 aircraft against Halsey, this force was largely destroyed and inflicted no damage. By the end of the day, all four of Ozawas carriers had been sunk. As the battle was concluding, Halsey was informed that the situation off Leyte was critical.  Soemus  plan had worked. By Ozawa drawing away Halseys carriers, the path through the San Bernardino Strait was left open for Kuritas Center Force to pass through to attack the landings. Breaking off his attacks, Halsey began steaming south at full speed. Off Samar (just north of Leyte), Kuritas force encountered the 7th Fleets escort carriers and destroyers. Launching their planes, the escort carriers began to flee, while the destroyers valiantly attacked Kuritas much superior force. As the melee was turning in favor of the Japanese, Kurita broke off after realizing that he was not attacking Halseys carriers and that the longer he lingered, the more likely he was to be attacked by American aircraft. Kuritas retreat effectively ended the battle. The Battle of Leyte Gulf marked the last time the Imperial Japanese Navy would conduct large-scale operations during the war. Return to the Philippines With the Japanese defeated at sea, MacArthurs forces pushed east across Leyte, supported by the Fifth Air Force. Fighting through rough terrain and wet weather, they then moved north onto the neighboring island of Samar. On December 15, Allied troops landed on Mindoro and met little resistance. After consolidating their position on Mindoro, the island was used as a staging area for the invasion of Luzon. This took place on January 9, 1945, when Allied forces landed at Lingayen Gulf on the islands northwest coast. Within a few days, over 175,000 men came ashore, and soon MacArthur was advancing on Manila. Moving quickly, Clark Field, Bataan, and Corregidor were retaken, and pincers closed around Manila. After heavy fighting, the capital was liberated on March 3. On April 17, the Eighth Army landed on Mindanao, the second largest island in the Philippines. Fighting would continue on Luzon and Mindanao until the end of the war. Battle of Iwo Jima Located on the route from the Marianas to Japan, Iwo Jima provided the Japanese with airfields and an early warning station for detecting American bombing raids. Considered one of the home islands, Lt. General Tadamichi Kuribayashi prepared his defenses in-depth, constructing a vast array of interlocking fortified positions connected by a large network of underground tunnels. For the Allies, Iwo Jima was desirable as an intermediate airbase, as well as a staging area for the invasion of Japan. At 2:00 a.m. on February 19, 1945, U.S. ships opened fire on the island, and aerial attacks began. Due to the nature of the Japanese defenses, these attacks proved largely ineffective. The next morning, at 8:59 a.m., the first landings began as the 3rd, 4th, and 5th Marine Divisions came ashore. Early resistance was light as Kuribayashi wished to hold his fire until the beaches were full of men and equipment. Over the next several days, American forces advanced slowly, often under heavy  machine-gun  and artillery fire, and captured Mount Suribachi. Able to shift troops through the tunnel network, the Japanese frequently appeared in areas that the Americans believed to be secure. Fighting on Iwo Jima proved extremely brutal as American troops gradually pushed the Japanese back. Following a final Japanese assault on March 25 and 26, the island was secured. In the battle, 6,821 Americans and 20,703 (out of 21,000) Japanese died.   Okinawa The final island to be taken before the proposed invasion of Japan was Okinawa. U.S. troops began landing on April 1, 1945, and initially met light resistance as Tenth Army swept across the south-central parts of the island, capturing two airfields. This early success led Lt. General Simon B. Buckner, Jr. to order the 6th Marine Division to clear the northern part of the island. This was accomplished after heavy fighting around Yae-Take. While land forces were fighting ashore, the US fleet, supported by the British Pacific Fleet, defeated the last Japanese threat at sea. Named  Operation Ten-Go, the Japanese plan called for the super battleship  Yamato  and the light cruiser  Yahagi  to steam south on a suicide mission. The ships were to attack the U.S. fleet and then beach themselves near Okinawa and continue the fight as shore batteries. On April 7, the ships were sighted by American scouts, and  Vice Admiral Marc A. Mitscher  launched over 400 aircraft to intercept them. As the Japanese ships lacked air cover, the American aircraft attacked at will, sinking both. While the Japanese naval threat was removed, an aerial one remained: kamikazes. These suicide planes relentlessly attacked the Allied fleet around Okinawa, sinking numerous ships and inflicting heavy casualties. Ashore, the Allied advance was slowed by rough terrain, and stiff resistance from the Japanese fortified at the southern end of the island. Fighting raged through April and May as two Japanese counteroffensives were defeated, and it was not until June 21 that resistance ended. The largest land battle of the Pacific war, Okinawa cost the Americans 12,513 killed, while the Japanese saw 66,000 soldiers die. Ending the War With Okinawa secured and American bombers regularly bombing and firebombing Japanese cities, planning moved forward for the invasion of Japan. Codenamed Operation Downfall, the plan called for the invasion of southern Kyushu (Operation Olympic) followed by seizing the Kanto Plain near Tokyo (Operation Coronet). Due to the geography of Japan, the Japanese high command had ascertained Allied intentions and planned their defenses accordingly. As planning moved forward, casualty estimates of 1.7 to 4 million for the invasion were presented to Secretary of War Henry Stimson. With this in mind, President Harry S. Truman authorized the use of the  new atom bomb  to bring a swift end to the war. Flying from Tinian, the B-29  Enola Gay  dropped the  first atom bomb  on Hiroshima on August 6, 1945, destroying the city. A second B-29,  Bockscar, dropped a second on Nagasaki three days later. On August 8, following the Hiroshima bombing, the Soviet Union renounced its nonaggression pact with Japan and attacked into Manchuria. Facing these new threats, Japan unconditionally surrendered on August 15. On September 2, aboard the battleship  USS  Missouri  in Tokyo Bay, the Japanese delegation formally signed the instrument of surrender ending World War II.