To a large extent, this reflects its unbroken experience of more than four centuries of hospitality to foreigners Chinese, Portuguese, and Dutch during a period in Japanese history when the country was characterized by often murderous xenophobia.
Japan was categorized by murderous xenophobia for many years.
But the idea that somehow it doesn't really make a difference whether AOL is paying $156 or $165 billion for Time Warner is wrong, and seems emblematic of the fawning embrace of this deal by the press.