Posted on 09/16/2012 1:06:42 PM PDT by traumer
Experts fear heavy blow to global economy Toyota, Panasonic report disruption in operations
A territorial dispute between China and Japan worsened as Prime Minister Yoshihiko Noda said he’ll demand the Chinese government ensure the safety of Japanese citizens, thousands protested in Chinese cities and Toyota Motor Corp and Panasonic Corp reported damage to their operations.
Demonstrators took to the streets in a dozen cities across China including Beijing, Shanghai and Guangzhou, calling for Chinese sovereignty over disputed islands and the boycott of Japanese goods. In the city of Shenzhen, police used tear gas and water cannons to stop protesters from reaching a Japanese department store, Radio Television Hong Kong reported.
“I intend to strongly demand that the Chinese government ensure security” of Japanese citizens, Noda said yesterday on public broadcaster NHK’s “Sunday Debate” programme.
Tensions between Asia’s largest economies escalated after Noda’s government said last week it would purchase disputed islands from their private Japanese owner, prompting China to dispatch government vessels near the islands known as Senkaku in Japanese and Diaoyu in Chinese. The row comes as both countries grapple with a global economic slowdown and China prepares for once-a-decade leadership change.
“This is another blow for the global economy,” said Andy Xie, formerly Morgan Stanley’s chief Asia economist. “The costs for China may be less FDI but it could be worse for Japan as the bright spot for the economy has been the auto industry.”
Tokyo Governor Shintaro Ishihara triggered the dispute in April when he said he may use public funds to buy the islands. Tensions escalated after Japan’s cabinet approved the purchase of the islands for 2.05 billion yen ($26 million) on September 11. China has said it doesn’t accept the move.
(Excerpt) Read more at business-standard.com ...
Gentlemen START Your Engines......
ruh roh
See what happens when the US is weak?
How do you Japan and other countries in the region are going feel about Obama and stuff now? His weakness could get some of them killed.
WWII repetition.
Disputes like this ultimately lead to wars.
Notice the emphasis on economic issues, NOT political or philosophical ones.
These are the types of disputes that turn into major wars. We have too much tension in the world right now and it has to be released somehow. If this dispute cannot be resolved peacefully, there are few alternate options.
The arab world s flaring up, Iran with nukes, Israel possibly ready to strike, China-Japan dispute could easily flare into an actual battle over some uninhabited islands.
We’ll see more flare-ups soon. Russia could try to nab Georgia again, for instance.
And let’s not forget Taiwan.....
BUMP
and if there is war over Spratley’s you know that the Philippines will be squashed
Doesn’t Vietnam claim some of these islands?
I heard that once there was a birthday party aboard a ship for troops occupying an island and when the party was over, the island had been occupied by another country. lol.
The Chinese people heard that there is a movie trailer on YouTube that was made by a Japanese Shintoist who said that Charlie Chan smelled stinky socks. Hey, that’s what our government said.
That is crazy. Does anybody even live on these rocks?
The Chinese could occupy these islands and there’s not much Japan could do about it....take them back by force? Highly unlikely. Hell, the Chinese could seize Guam and Obama wouldn’t do squat. He’d whine to the UN and then go golfing.
A new time has not been released but the "free traders" promise that there will be no let up in free tradin' away our technology and intellectual property. They think that the new day will be the following Saturday morning before 8:00AM Eastern.
The Chinese army may be massive, but the Chinese navy is a piss ant compared to the Japanese navy. I don't think the Chinese will have these islands anytime soon.
Well, we can argue nits but it wouldn’t accomplish much.
Generally speaking, while much smaller, Japan has a more sophisticated military with better weapons and training.
China only has . . . . . . billions of people to send in as human shields. In addition to the world condemnation and boycott of Chinese goods (except, of course, for zero and America) it would not be a winning tactic for China!
There's also a long-standing Chinese claim to the Ryukyu Islands, which include Okinawa. If the Japanese give way on the Senkakus, the next Chinese pressure point will be the Ryukyus.
On the Spratley’s? Not many of the rocks have anything but military on them at this point. There might have been fishing bases before that.
Hey Taiwan, your time is coming,,,
True, but that advantage served Russia very well in WWII.
Millions dead?
Don’t worry. We can make more!
In many instances there is a financial incentive.
Faulklands it seems has oil and gas deposits beneath it,
same for many others,
Those aren’t the islands that are currently the cause of the Japan-China dispute.
http://en.wikipedia.org/wiki/Senkaku_Islands
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