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The territorial dispute between China and Japan that sparked anti-Japan sentiment in China...

  • Tuesday, October 9, 2012, 7:24 AM ET
    The territorial dispute between China and Japan that sparked anti-Japan sentiment in China (previous) doesn't look like a short-term blip to auto sales, according to analysts. A new study from JPMorgan predicts auto exports to China from Japanese automakers such as Toyota (TM), Honda (HMC), Nissan (NSANY.OB) will crash 70% during Q4 and could stay low through 2013. Waiting in the wings: The flareup occurs with General Motors (GM) just coming off a record month in the nation and ramping up production plans.
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    I understand how the Chinese are reacting badly over territory that belongs to them since the 1930's, but this issue must be taken to the United Nations. Now if the United States reacted the same way to Japan over what they did to us in 1941, Japan will surely lose billions of dollars. Japan should accept their error, apologize, and give back the territory to China. It may be a political issue but it can cost them dearly.

    American and European manufacturers are taking advantage over the loss of Japanese sales and enjoying their sale increases in China. Good for them! China knows that the U.S. was the only nation to help them against Japan before World War II started (look for the "Flying Tigers") and as so will remain America's largest trade partner.
    9 Oct 2012, 08:37 AM Reply Like
  •  
    Canada "will remain America's largest trade partner."
    9 Oct 2012, 02:39 PM Reply Like
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