China, Japan Snub Reality in Sea Dispute

China, Japan Snub Reality in Sea Dispute

In the last decade or so the Chinese and Japanese economies have become not only the world’s second and third largest after the United States, but also two of the most highly integrated. China’s economic miracle of the last 30 years would not have been possible without Japanese investment, technological transfer and model of industrialization. Japan would be in dire straits without China’s pool of cheap labour and growing consumer marketplace.

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