- The reaction to Japan PM Shinzo Abe's visit to a war memorial is intensifying as the issue appears more likely to stay on the front burner in Asia.
- China Daily on the development: "The abrupt move — widely viewed as rewriting public memory on Japan's militaristic past — enraged Japan's victimized neighbors."
- Politicians in China and South Korea have ratcheted up their rhetoric on their concerns that Japan wants to revitalize an expansionary mindset.
- Though it's too early to make a call on how the serious the issue will become, Japanese automakers (NSANY, TM, HMC, MZDAY, SZKMY, FUJHY) are likely to feel at least a short-term demand impact in the region. General (GM -1.2%), Ford (F -0.5%), and Volkswagen (VLKAY +1.6%) stand to gain.
- Previous on Japan-China tension.
Tension in Asia between Japan and China ratchets up again
Dec 27 2013, 10:04 ET