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Chinese official Jin Baisong invokes the specter of a trade war as the best way to "impose...

  • Tuesday, September 18, 2012, 5:40 PM ET
    Chinese official Jin Baisong invokes the specter of a trade war as the best way to "impose sanctions" on Japan. The already-weak Japanese economy would be crippled without Chinese demand, he argues, while China would barely miss a cutoff of exports to Japan. Fitch, meanwhile, threatens ratings downgrades across a range of Japanese exporters if the dispute between the two nations drags on.
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This news story has 2 comments:

  •  
    The USA should extend its economic and trading relation with Jp, encouraging multinationals to joint ventures-- that extended cross-Pacific economic ties would not only reinvigorate, truly reinvigorate the USA economy, but also Jp in the longer term. Not insulting Cn economic relations.

    I wonder how the YAKUZA would respond to this, it would probably fit well into Washington politics, except the cutting off of the pinky.
    18 Sep 2012, 08:47 PM Reply Like
  •  
    American consumers should try to trim (not eliminate) our Chinese purchases.
    I for one would not mind buying less shet but of higher quality from the USA, Japan, Canada, UK, Taiwan, Israel, South Korea & other friends of the US.
    18 Sep 2012, 09:56 PM Reply Like
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