Pages

Search This Blog

Tuesday, September 18, 2012

The Dangers of a China-Japan Trade War

The Dangers of a China-Japan Trade War

Protests against the Japanese purchase of the Senkaku / Diaoyu Islands took place in various Chinese cities recently, including Beijing, Shenzhen, Luoyang and Xi’an amongst others.  Japanese branded products, including numerous cars (and even a camera belonging to a protestor) were attacked and destroyed by the angry crowds.   Panasonic and Toyota as well as Nissan reported damage to commercial properties (a factory and car dealerships respectively).   Canon has also closed some facilities whilst Japanese clothing chain Uniqlo chose to shut several locations, and covered signs at others.  Protestors have also targeted Chinese owned Japanese branded products – images of which cannot be encouraging for prospective customers.  Meanwhile, some Chinese protestors are calling for consumer boycotts of Japanese branded products.http://thediplomat.com/pacific-money/2012/09/18/the-dangers-of-a-china-japan-trade-war/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+the-diplomat+%28The+Diplomat+RSS%29&utm_content=Google+Reader

No comments: