Sunday, September 23, 2012

Japan Leader Warns China on Dispute

TOKYO?Japan's prime minister warned China that its inflammatory reaction to a territorial dispute?from violent protests to apparent informal trade sanctions?could further weaken China's already-fragile economy by scaring away foreign investors. The comments showed the risks that the diplomatic standoff could broaden into a damaging commercial tit-for-tat between the world's second- and third-largest economies.

"China should be developing through the various foreign investments it receives," Yoshihiko Noda told The Wall Street Journal following a tense week filled with news of Japanese factories torched and cars overturned, and Chinese patrol boats hovering in and around territorial waters controlled by Japan. "I hope ...

Source: http://online.wsj.com/article/SB10000872396390444813104578014020227775866.html?mod=rss_asia_whats_news

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