Japan on Friday announced the release of detained Chinese fishing captain. In a few hours before, the Japanese Minister of Economy and Finance said that the Sino-Japanese political disputes would probably damage the Japanese economy. Analysts pointed out that Japan This time the timing of release can not help think, Japan is under pressure to yield. He also worried that China will be better use of economic power to resolve the diplomatic dispute.

Okinawa Naha District Prosecutor’s Office announced Friday that, taking into account the collision impact on the Sino-Japanese relations, the decision to release a Chinese fishing boat captain Zhanqi Xiong. Currently, Zhan Qixiong take the Chinese government has chartered flight back home.

In a few hours before, the Japanese economy, said Finance Minister Banri Kaieda, China and Japan increasingly tense relations between the two countries, the Japanese economy at risk. He said that the risk is very serious, some areas such as trade and tourism with China has been a sudden sharp decline.

Since China captain on September 8 after the seizure by the Japanese media reported a series of events seems to show China to Japan “economic retaliation.” Rare China banned exports to Japan, the Chinese authorities have denied to the Japanese embargo on earth; the two countries to develop oil fields in the East China Sea talks may be broken; Toyota companies in China face allegations of commercial bribery; In addition, China’s tourism sector urged all localities to stop Japan tour tourism promotion.

Chinese government has repeatedly urged the unconditional release of detained Japanese Chinese captain. In New York attending the UN General Assembly on Wednesday, Wen warned: “If Japan insists that China will take further action, all the serious consequences arising therefrom, the Japanese side should bear full responsibility.”

Japan’s surrender to China?

Washington think tank the American Enterprise Institute Fellow Dan Bluementhal Asia Japan chose to release when asked whether the timing of submission of the suspects to China, said: “I think, unfortunately, things look just the way I am afraid.”

He is also concerned that China will be better motivated to use economic power to resolve the diplomatic dispute.

However, Japanese government spokesman tried to prove that the central government is not involved in release of the Chinese masters events. Japan’s Chief Cabinet Secretary, said Yoshito Sengoku, this is the decision of the district attorney in Okinawa, we accept such a decision. He also said that Japan and China need to develop a strategic relationship of reciprocity.

Dominant economic factors?

Since 2007, China has replaced the United States for three consecutive years to become Japan’s largest trading partner last year, imports from Japan of goods and services up to 121 billion U.S. dollars. Since the financial crisis, economic recovery in Japan’s exports to China has played a significant role. According to statistics released by Japan’s Finance Ministry, Japan’s exports in 2009 fell 25.1%, of which exports to the U.S. fell 31.2%, exports to China declined by only 11.6%. Japanese Prime Minister Naoto Kan was elected the first issued after the speech, said: We will attach importance to developing Sino-Japanese relations, Japan’s future, this is the right choice.

At present, due to a stronger yen, Japan’s economic recovery slowed down.

East-West Center, Washington director of the U.S. Asia Pacific Council Mark Percy Victor, said in an interview, the Japanese release of Zhanqi Xiong nature is through careful consideration. However, the economic damage should not be the only consideration.

He said: “If the trade conflict with China, Japan, of course, will be damaged. The question is not how much damage, but how the Sino-Japanese relations more stable and interdependence, I think, not only Japan, China also hopes to go in this direction effort. ”

However, he said that if a trade war, the two sides will be damaged. Japan is also China’s second largest trading partner after the United States. The first 7 months of this year, Sino-Japanese bilateral trade volume rose 25% last year, reaching 65.2 billion U.S. dollars.

Ye Tian Jiayan Japanese Finance Minister also said earlier Friday by the Chinese fishing boat captain detained incident leading to the Sino-Japanese relations to cool the economy in the two countries will be adversely affected.

The four Japanese were suspected of entering a military area, and the illegal recording of military targets, China is on the investigation and detained the four Japanese. The media pointed out that Japan’s decision the prosecution related to this.

Author Bio: I am a professional editor from China Products, and my work is to promote a free online trade platform. http://www.himfr.com/ contain a great deal of information about insurance card scanner,upholstered bar stools,louis roederer cristal, welcome to visit!

Category: Business
Keywords: insurance card scanner,upholstered bar stools,louis roederer cristal,