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Wednesday, September 19, 2012

Chinese General: Prepare for Combat


Beijing hints at bond attack on Japan
A senior advisor to the Chinese government has called for an attack on the Japanese bond market to precipitate a funding crisis and bring the country to its knees, unless Tokyo reverses its decision to nationalise the disputed Senkaku/Diaoyu islands in the East China Sea.  

Chinese General: Prepare for Combat
Protests against the Japanese government’s purchase of three privately held islands in the Senkakus chain led to mass street protests, the burning of Japanese flags, and attacks on Japanese businesses and cars in several cities. Some carried signs that read “Kill all Japanese,” and “Fight to the Death” over disputed islands. One sign urged China to threaten a nuclear strike against Japan.

BOJ eases policy as Japan's recovery prospects fade
The Bank of Japan eased monetary policy on Wednesday by boosting its asset purchase program, as prospects of a near-term recovery in the world's third largest economy faded due to weakening exports and fall-out from a territorial dispute with China.

Beijing demonstrators damage US ambassador's car
A car carrying the U.S. ambassador to China was mildly damaged after becoming the target of boisterous anti-Japan demonstrators who were expressing outrage over a territorial dispute and marking the 81st anniversary of Japan's invasion of China.

Japan’s Slow-Motion Tsunami
What got lost in the escalating Japan-China scuffle was an unassuming national holiday in Japan on Monday that symbolizes in the most respectful manner the slow-motion economic tsunami rolling over the country: “Respect for the Aged Day.”  

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