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Comments (10) (Please sign in to comment)
Dredpiraterobt$ said, 9 months ago
Are the sharks the EU? Surrounding products made in China based on their pegged currency?
.
Yeah, China, we’ve pretty much reset the playing field. Time to float your currency based on the laws of supply and demand, like all the big boy economies.
omQ R said, 9 months ago
@Dredpiraterobt$
The only trouble with saying this is about China not allowing its currency to be floated freely is that Japan is on the same island as China.
Obviously this is about the Chinese protests against Japan, the Japanese & Japanese products because of the dispute of the Senkaku/ Diaoyutai archipelago. I think the sharks are not the EU stars but simply how nationalist protests are threatening the symbiotic relationship Japanese & Chinese made products face. They, Japan & China, need each other.
I also wonder who is behind needling the nationalist protests in China; could this is be what many have been predicting for China: more social unrest while social inequities remain or widen, while political aspirations are crushed within China’s economic miracle?
Bruce4671 said, 9 months ago
@omQ R
Do you think the issue may be related to this?
“As the Chinese article pointed out, however, the waters in this area are rich fishing grounds and the seabed below the waves could potentially contain valuable minerals and/or oil deposits.”
Here is the article:
http://www.jamestown.org/single/?no_cache=1&tx_ttnews[tt_news]=3623
dtroutma
said, 9 months ago
Estimates vary from 10 million, to 35 million Chinese killed during the Japanese “occupancy” and war with China, ending n 1945. That stacks up to a considerably higher reason for “continued hostile mentality”, than “elsewhere” where these old “grudges” still exist.
Of course arguing over who owns islands, or portions of them, is an ongoing “issue”, like well, Guantanamo.
omQ R said, 9 months ago
@Bruce4671
Related, sure; Japanese government decided to buy the islands from a Japanese businessman, thus making it “more official”. So if China orchestrated the initial protests, it has gotten out of hand (who knows if social groups hijacked a Chinese propaganda attempt) and is now threatening China’s long term interests, for sure. Bad miscalculation in my opinion.
disgustedtaxpayer said, 9 months ago
silly me, I thought it was an “Ownership” dispute of who owned the Islands and the surrounding waters…..China seems to have been claiming ownership for a long time….as if they did not have enough land mass already…stolen from the formerly free Chinese population…
DavidGBA said, 9 months ago
It’s the anniversary of Jap invasin, much saber rattling over uninhabited petro-islands.
Night-Gaunt49 said, 9 months ago
@omQ R
This is all about a small stupid island and two big gonad countries throwing their weight around.
Michyle Glen said, 9 months ago
Lets try something Original and let China and Japan deal with this themselves.
churchillwasright said, 9 months ago
@Michyle Glen
Should the United States abrogate all Mutual Defense Treaties or just go one by one when the going gets tough?