{"id":2767203,"date":"2026-02-13T02:33:46","date_gmt":"2026-02-13T02:33:46","guid":{"rendered":"https:\/\/www.wacoca.com\/news\/2767203\/"},"modified":"2026-02-13T02:33:46","modified_gmt":"2026-02-13T02:33:46","slug":"%e4%b8%ad%e5%9b%bd%e6%94%bf%e5%ba%9c%e3%81%8c%e7%b1%b3%e5%9b%bd%e5%82%b5%e3%81%ae%e5%a3%b2%e5%8d%b4%e3%82%92%e5%9b%bd%e5%86%85%e9%8a%80%e8%a1%8c%e3%81%ab%e6%8c%87%e7%a4%ba%e5%b0%82%e9%96%80","status":"publish","type":"post","link":"https:\/\/www.wacoca.com\/news\/2767203\/","title":{"rendered":"\u4e2d\u56fd\u653f\u5e9c\u304c\u7c73\u56fd\u50b5\u306e\u58f2\u5374\u3092\u56fd\u5185\u9280\u884c\u306b\u6307\u793a\u2026\u5c02\u9580\u5bb6\u306b\u305d\u306e\u5f71\u97ff\u3092\u805e\u3044\u305f | Business Insider Japan"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2026\/02\/1770950024_97_original.jpg\" alt=\"\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u3068\u7fd2\u8fd1\u5e73\u56fd\u5bb6\u4e3b\u5e2d\" width=\"5668\" height=\"3779\"\/>\u4e2d\u56fd\u306f\u56fd\u5185\u306e\u9280\u884c\u306b\u7c73\u56fd\u50b5\u3092\u58f2\u5374\u3059\u308b\u3088\u3046\u6307\u793a\u3057\u305f\u3002Andrew Harnik\/Getty Images\u4e2d\u56fd\u306f\u3001\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3068\u96c6\u4e2d\u30ea\u30b9\u30af\u3092\u7406\u7531\u306b\u3001\u7c73\u56fd\u50b5\u306e\u4fdd\u6709\u6b8b\u9ad8\u3092\u524a\u6e1b\u3059\u308b\u3088\u3046\u56fd\u5185\u9280\u884c\u306b\u6307\u793a\u3057\u305f\u3002\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u306e\u9593\u3067\u306f\u3001\u3053\u306e\u6c7a\u5b9a\u306e\u80cc\u5f8c\u306b\u3042\u308b\u7d4c\u6e08\u7684\u304a\u3088\u3073\u5730\u653f\u5b66\u7684\u306a\u52d5\u6a5f\u306b\u3064\u3044\u3066\u8b70\u8ad6\u304c\u4ea4\u308f\u3055\u308c\u3066\u3044\u308b\u3002\u4e00\u90e8\u306e\u30b3\u30e1\u30f3\u30c6\u30fc\u30bf\u30fc\u306f\u3001\u7c73\u56fd\u50b5\u5e02\u5834\u306b\u304a\u3051\u308b\u5916\u56fd\u4eba\u6295\u8cc7\u5bb6\u306e\u91cd\u8981\u6027\u3092\u6307\u6458\u3057\u305f\u3002<\/p>\n<p>2\u6708\u521d\u65ec\u3001\u4e2d\u56fd\u304c\u56fd\u5185\u306e\u9280\u884c\u306b\u5bfe\u3057\u3001\u7c73\u56fd\u50b5\u306e\u4fdd\u6709\u3092\u6e1b\u3089\u3059\u3088\u3046\u6307\u793a\u3057\u305f\u3053\u3068\u3067\u3001\u300c\u7c73\u56fd\u58f2\u308a\u300d\u306b\u95a2\u3059\u308b\u8b70\u8ad6\u304c\u518d\u71c3\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u4e2d\u56fd\u306e\u898f\u5236\u5f53\u5c40\u306f\u3001\u3053\u306e\u63aa\u7f6e\u306b\u3064\u3044\u3066\u7c73\u56fd\u50b5\u306e\u4fa1\u683c\u5909\u52d5\u306e\u5927\u304d\u3055\uff08\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\uff09\u3068\u96c6\u4e2d\u30ea\u30b9\u30af\u306b\u95a2\u9023\u3057\u305f\u3082\u306e\u3060\u3068\u8aac\u660e\u3057\u3066\u304a\u308a\u3001\u30c9\u30eb\u3092\u57fa\u8ef8\u3068\u3059\u308b\u91d1\u878d\u30b7\u30b9\u30c6\u30e0\u305d\u306e\u3082\u306e\u3092\u6279\u5224\u3059\u308b\u610f\u56f3\u3067\u6253\u3061\u51fa\u3057\u305f\u3082\u306e\u3067\u306f\u306a\u3044\u3068\u3057\u3066\u3044\u308b\u3002\u3057\u304b\u3057\u3001\u3053\u306e\u52d5\u304d\u3092\u3001\u904e\u53bb1\u5e74\u306b\u308f\u305f\u3063\u3066\u5e02\u5834\u3092\u8986\u3063\u3066\u304d\u305f\u3001\u3088\u308a\u5927\u304d\u306a\u5730\u653f\u5b66\u7684\u306a\u6587\u8108\u306e\u5ef6\u9577\u7dda\u4e0a\u306b\u3042\u308b\u3082\u306e\u3068\u53d7\u3051\u6b62\u3081\u308b\u5e02\u5834\u95a2\u4fc2\u8005\u3082\u3044\u308b\u3002<\/p>\n<p><img decoding=\"async\" class=\"article_pArticle_PremiumImage__nWp_S\" src=\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2026\/02\/1770950026_807_original.jpg\" alt=\"2026\u5e74\u3082\u7c73\u56fd\u682a\u306f\u9ad8\u5024\u3092\u7dad\u6301\u3068\u30a2\u30ca\u30ea\u30b9\u30c8\u306f\u4e88\u60f3\u2026\u682a\u4fa1\u3092\u652f\u3048\u3066\u3044\u308b4\u3064\u306e\u8981\u7d20\u306e\u52d5\u304d\u306f\u8981\u6ce8\u610f | Business Insider Japan\" width=\"164\" height=\"123\" loading=\"lazy\"\/><\/p>\n<p class=\"article_pArticle_PremiumTitle__vG_2R\">2026\u5e74\u3082\u7c73\u56fd\u682a\u306f\u9ad8\u5024\u3092\u7dad\u6301\u3068\u30a2\u30ca\u30ea\u30b9\u30c8\u306f\u4e88\u60f3\u2026\u682a\u4fa1\u3092\u652f\u3048\u3066\u3044\u308b4\u3064\u306e\u8981\u7d20\u306e\u52d5\u304d\u306f\u8981\u6ce8\u610f | Business Insider Japan<\/p>\n<p>\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u306b\u3088\u308c\u3070\u3001\u4e2d\u56fd\u306e\u9280\u884c\u306f\u5408\u8a08\u30672980\u5104\u30c9\u30eb\uff08\u7d0445\u51466700\u5104\u5186\uff09\u76f8\u5f53\u306e\u7c73\u30c9\u30eb\u5efa\u3066\u50b5\u5238\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u3002\u305f\u3060\u3057\u3001\u305d\u306e\u3046\u3061\u3069\u306e\u7a0b\u5ea6\u304c\u7c73\u56fd\u50b5\u3067\u3001\u3069\u306e\u7a0b\u5ea6\u304c\u30a2\u30e1\u30ea\u30ab\u4f01\u696d\u306e\u793e\u50b5\u306a\u3069\u3067\u3042\u308b\u306e\u304b\u306f\u660e\u3089\u304b\u306b\u306a\u3063\u3066\u3044\u306a\u3044\u3002<\/p>\n<p>\u73fe\u6642\u70b9\u3067\u3001\u7c73\u56fd\u50b5\u5229\u56de\u308a\u3078\u306e\u5f71\u97ff\u306f\u5c0f\u3055\u3044\u3002<\/p>\n<p>\u305f\u3060\u3057\u3001\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u3084\u5e02\u5834\u95a2\u4fc2\u8005\u306f\u3001\u4eca\u56de\u306e\u52d5\u304d\u304c\u3001\u4eca\u5f8c\u306e\u6ce2\u53ca\u7684\u306a\u5f71\u97ff\u3092\u3081\u3050\u308b\u61f8\u5ff5\u3092\u9ad8\u3081\u3066\u3044\u308b\u3068\u6307\u6458\u3059\u308b\u3002<\/p>\n<p>\u4ee5\u4e0b\u306b\u3001\u5f7c\u3089\u306e\u898b\u89e3\u3092\u307e\u3068\u3081\u305f\u3002<\/p>\n<p>\u30c7\u30ba\u30e2\u30f3\u30c9\u30fb\u30e9\u30c3\u30af\u30de\u30f3\uff08\u30a2\u30e1\u30ea\u30ab\u30f3\u30fb\u30a8\u30f3\u30bf\u30fc\u30d7\u30e9\u30a4\u30ba\u516c\u5171\u653f\u7b56\u7814\u7a76\u6240\uff09 <\/p>\n<p>\u30a2\u30e1\u30ea\u30ab\u30f3\u30fb\u30a8\u30f3\u30bf\u30fc\u30d7\u30e9\u30a4\u30ba\u516c\u5171\u653f\u7b56\u7814\u7a76\u6240\u306e\u4e0a\u7d1a\u7814\u7a76\u54e1\u3067\u3042\u308b\u30c7\u30ba\u30e2\u30f3\u30c9\u30fb\u30e9\u30c3\u30af\u30de\u30f3\uff08Desmond Lachman\uff09\u306f\u3001\u4ee5\u524d\u304b\u3089\u4e16\u754c\u7d4c\u6e08\u306b\u304a\u3051\u308b\u8d85\u5927\u56fd\u3068\u3057\u3066\u306e\u30a2\u30e1\u30ea\u30ab\u306e\u7acb\u5834\u306b\u3064\u3044\u3066\u61f8\u5ff5\u3092\u793a\u3057\u3066\u304d\u305f\u3002<\/p>\n<p>\u5f7c\u306f\u3001\u4e2d\u56fd\u306e\u6c7a\u5b9a\u304c\u30a2\u30e1\u30ea\u30ab\u306b\u3068\u3063\u3066\u4f55\u3092\u610f\u5473\u3059\u308b\u304b\u306b\u3064\u3044\u3066\u3001\u6df1\u3044\u61f8\u5ff5\u3092\u62b1\u3044\u3066\u3044\u308b\u3068\u8ff0\u3079\u305f\u3002\u7279\u306b\u3001\u4ed6\u306e\u56fd\u3005\u304c\u3059\u3067\u306b\u30c9\u30eb\u5efa\u3066\u8cc7\u7523\u304b\u3089\u306e\u8131\u5374\u3092\u59cb\u3081\u3066\u3044\u308b\u73fe\u72b6\u3092\u5371\u60e7\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u300c\uff08\u30a2\u30e1\u30ea\u30ab\u306f\uff09\u8cc7\u91d1\u8abf\u9054\u306e\u305f\u3081\u306b\u3001\u5916\u56fd\u4eba\u6295\u8cc7\u5bb6\u304c\u7c73\u56fd\u50b5\u3092\u8cb7\u3044\u7d9a\u3051\u3066\u304f\u308c\u308b\u3053\u3068\u3092\u5207\u5b9f\u306b\u6c42\u3081\u3066\u3044\u308b\u3002\u5916\u56fd\u4eba\u304c\u7c73\u56fd\u50b5\u3092\u58f2\u308a\u59cb\u3081\u308b\u306e\u306f\u3001\u6700\u3082\u907f\u3051\u305f\u3044\u4e8b\u614b\u3060\u300d\u3068\u30e9\u30c3\u30af\u30de\u30f3\u306fBusiness Insider\u306b\u8a9e\u308a\u3001\u5916\u56fd\u4eba\u6295\u8cc7\u5bb6\u306f\u7c73\u56fd\u50b5\u306e\u767a\u884c\u6b8b\u9ad8\u306e\u7d0430\uff05\u3092\u4fdd\u6709\u3057\u3066\u3044\u308b\u3068\u4ed8\u3051\u52a0\u3048\u305f\u3002<\/p>\n<p>\u300c\u5916\u56fd\u4eba\u306b\u3088\u308b\u7c73\u56fd\u50b5\u306e\u8cfc\u5165\u304c\u843d\u3061\u8fbc\u3080\u3068\u3001\u50b5\u5238\u5e02\u5834\u306e\u6df7\u4e71\u3068\u30c9\u30eb\u306e\u5371\u6a5f\u3092\u62db\u304f\u304a\u305d\u308c\u304c\u3042\u308b\u300d<\/p>\n<p>\u30d6\u30e9\u30c3\u30c9\u30fb\u30bb\u30c3\u30c4\u30a1\u30fc\uff08\u5916\u4ea4\u554f\u984c\u8a55\u8b70\u4f1a\uff09<\/p>\n<p>\u5916\u4ea4\u554f\u984c\u8a55\u8b70\u4f1a\uff08CFR\uff09\u306e\u30d6\u30e9\u30c3\u30c9\u30fb\u30bb\u30c3\u30c4\u30a1\u30fc\uff08Brad Setser\uff09 \u306f\u3001\u4e2d\u56fd\u306e\u4eca\u56de\u306e\u52d5\u304d\u304c\u5e02\u5834\u306b\u4e0e\u3048\u308b\u5f71\u97ff\u306b\u3064\u3044\u3066\u306f\u3001\u305d\u308c\u307b\u3069\u61f8\u5ff5\u3057\u3066\u3044\u306a\u3044\u3002\u5f7c\u306f\u3001\u3053\u306e\u6c7a\u5b9a\u3092\u300c\u8fd1\u5e74\u306e\u82e6\u5883\u3092\u7d4c\u3066\u3001\u4e2d\u56fd\u304c\u81ea\u56fd\u7d4c\u6e08\u3092\u5b89\u5b9a\u3055\u305b\u3001\u30a2\u30e1\u30ea\u30ab\u306e\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u306b\u5099\u3048\u308b\u305f\u3081\u306b\u5fc5\u8981\u306a\u8abf\u6574\u300d\u306e\u53cd\u6620\u3060\u3068\u898b\u3066\u3044\u308b\u3002<\/p>\n<p>\u300c\u3057\u305f\u304c\u3063\u3066\u3001\u30b0\u30ed\u30fc\u30d0\u30eb\u6295\u8cc7\u5bb6\u306f\u3001\u4e2d\u56fd\u306e\u901a\u8ca8\u7ba1\u7406\u306b\u4f34\u3046\u8cc7\u91d1\u30d5\u30ed\u30fc\u306b\u3001\u306f\u308b\u304b\u306b\u6ce8\u610f\u3092\u6255\u3046\u3079\u304d\u3060\u300d\u3068\u52a9\u8a00\u3057\u3001\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u7d9a\u3051\u305f\u3002<\/p>\n<p>\u300c\u6700\u8fd1\u306e\u8b66\u544a\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u3001\u4e2d\u56fd\u306e\u653f\u5e9c\u7cfb\u6a5f\u95a2\u304c\u4eba\u6c11\u5143\u9ad8\u306e\u30da\u30fc\u30b9\u3092\u6291\u5236\u3059\u308b\u305f\u3081\u306b\u6708\u9593500\u5104\u30c9\u30eb\u4ee5\u4e0a\u3082\u306e\u8cb7\u3044\u5165\u308c\u3092\u884c\u3063\u3066\u3044\u308b\u306e\u3060\u3068\u3059\u308c\u3070\u3001\u5f7c\u3089\u304c\u7c73\u56fd\u50b5\u5e02\u5834\u306b\u4ee3\u308f\u308b\u826f\u597d\u306a\u6295\u8cc7\u5148\u3092\u898b\u3064\u3051\u308b\u306e\u306f\u6975\u3081\u3066\u56f0\u96e3\u3060\u3068\u3044\u3046\u306e\u304c\u79c1\u306e\u898b\u7acb\u3066\u3060\u300d<\/p>\n<p>\u30b8\u30e3\u30a4\u30fb\u30b1\u30c7\u30a3\u30a2\uff08\u30b1\u30a4\u30c8\u30fc\u7814\u7a76\u6240\uff09<\/p>\n<p> \u30ea\u30d0\u30bf\u30ea\u30a2\u30f3\u7cfb\u30b7\u30f3\u30af\u30bf\u30f3\u30af\u3001\u30b1\u30a4\u30c8\u30fc\u7814\u7a76\u6240\uff08Cato Institute\uff09\u306e\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u3001\u30b8\u30e3\u30a4\u30fb\u30b1\u30c7\u30a3\u30a2\uff08Jai Kedia\uff09\u306f\u4e2d\u56fd\u306e\u6c7a\u5b9a\u3092\u5730\u653f\u5b66\u7684\u306a\u52d5\u304d\u3068\u3057\u3066\u6349\u3048\u308b\u3079\u304d\u3067\u306f\u306a\u3044\u3068\u3044\u3046\u30bb\u30c3\u30c4\u30a1\u30fc\u306e\u898b\u65b9\u306b\u540c\u8abf\u3057\u3066\u3044\u308b\u3002\u5f7c\u306fBusiness Insider\u306b\u5bfe\u3057\u3001\u4e2d\u56fd\u306b\u3088\u308b\u7c73\u56fd\u50b5\u306e\u58f2\u5374\u306f\u4eca\u5f8c\u3082\u7d9a\u304f\u3068\u4e88\u60f3\u3055\u308c\u308b\u3082\u306e\u306e\u3001\u30a2\u30e1\u30ea\u30ab\u306b\u751a\u5927\u306a\u60aa\u5f71\u97ff\u3092\u53ca\u307c\u3059\u53ef\u80fd\u6027\u306f\u4f4e\u3044\u3068\u306e\u898b\u89e3\u3092\u793a\u3057\u305f\u3002<\/p>\n<p>\u300c\u591a\u304f\u306e\u4eba\u306f\u4e2d\u56fd\u304c\u5b9f\u969b\u306b\u4fdd\u6709\u3057\u3066\u3044\u308b\u7c73\u56fd\u50b5\u306e\u4fa1\u5024\u3092\u904e\u5927\u8a55\u4fa1\u3057\u3059\u304e\u3066\u3044\u308b\u3002\u305d\u306e\u4fdd\u6709\u984d\u306f\u3001\u6211\u3005\u306e\u5e02\u5834\u3092\u5d29\u58ca\u3055\u305b\u308b\u3088\u3046\u306a\u30ec\u30d9\u30eb\u306b\u306f\u5230\u5e95\u53ca\u3070\u306a\u3044\u300d<\/p>\n<p>\u307e\u305f\u30b1\u30c7\u30a3\u30a2\u306f\u3001\u56fd\u50b5\u306e\u5927\u898f\u6a21\u306a\u58f2\u5374\u304c\u884c\u308f\u308c\u308c\u3070\u3001\u5e02\u5834\u306b\u5f71\u97ff\u304c\u51fa\u308b\u53ef\u80fd\u6027\u306f\u9ad8\u3044\u3068\u8a8d\u3081\u3064\u3064\u3082\u3001\u305d\u306e\u3088\u3046\u306a\u4e8b\u614b\u304c\u8d77\u304d\u308b\u3068\u306f\u8003\u3048\u3066\u3044\u306a\u3044\u3068\u4ed8\u3051\u52a0\u3048\u305f\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u4e2d\u56fd\u306f\u56fd\u5185\u306e\u9280\u884c\u306b\u7c73\u56fd\u50b5\u3092\u58f2\u5374\u3059\u308b\u3088\u3046\u6307\u793a\u3057\u305f\u3002Andrew Harnik\/Getty Images\u4e2d\u56fd\u306f\u3001\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u3068\u96c6\u4e2d\u30ea\u30b9\u30af\u3092\u7406\u7531\u306b\u3001\u7c73\u56fd\u50b5\u306e\u4fdd\u6709\u6b8b\u9ad8\u3092\u524a\u6e1b\u3059\u308b\u3088\u3046\u56fd\u5185\u9280\u884c\u306b\u6307\u793a\u3057\u305f\u3002\u30a8\u30b3\u30ce\u30df\u30b9\u30c8\u306e\u9593\u3067\u306f\u3001\u3053\u306e<\/p>\n","protected":false},"author":2,"featured_media":2767204,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[785167],"tags":[207231,14857],"class_list":{"0":"post-2767203","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-china","8":"tag-207231","9":"tag-china"},"share_on_mastodon":{"url":"https:\/\/wakoka.com\/@news\/116060986049497605","error":""},"_links":{"self":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2767203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/comments?post=2767203"}],"version-history":[{"count":0,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/posts\/2767203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media\/2767204"}],"wp:attachment":[{"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/media?parent=2767203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/categories?post=2767203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wacoca.com\/news\/wp-json\/wp\/v2\/tags?post=2767203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}