China may impose economic sanctions on Japan

WW111 is on the Rise China may impose economic sanctions on Japan

China Daily Mail

According to reports today by both Singtao Daily and SCMP, the dispute over Diaoyu Islands may severely damage the economic ties between China and Japan.

SCMP says: “Jin Baisong, a researcher with the Chinese Academy of International Trade and Economic Co-operation under the Ministry of Commerce, told the China News Agency that Beijing might impose formal economic sanctions on Japan.

“‘Economic sanctions would make the Japanese government understand that it must pay a steep price for its provocations at the Diaoyu Islands,’ he said.”

Singtao further quotes Jin’s words that economic and trade antagonism will certainly do harm to both countries due to the close economic reliance between the two countries, but China can better sustain the damages than Japan as Japan’s economy relies heavily on China. As soon as China begins its economic sanctions, there will be an economic crisis in Japan.

Singtao says that Jin Baisong…

View original post 210 more words

Advertisements

About Daniel J Leach Jr

I started blogging to get to the truth and heart of the matter. I like others, just want to know the Truth and to be Free to speak with others who are like minded. This blog and organization is for myself and others to Network together to find peaceable Solutions!
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s