The US is sort of the flag-bearer for capitalism and free markets, the US continues to be a very important part of a global industry that is interconnected, that is dealing with a fungible commodity which is crude oil. So having equalisation through free trade is very healthy for oil.

...the differences between U.S. and Japanese companies go beyond the cultural.

I am great admirer of China. It has shown great discipline and dedication in attacking n export markets. China is working furiously on its English-language capability and its quality control. As China become stronger, it sends a clear signal that we in India have to harder to stay ahead.