Chinese official Jin Baisong invokes the specter of a trade war as the best way to "impose...
Tuesday, September 18, 2012, 5:40 PM ETChinese 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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