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 
Eric~Claire~Wenbo~Ben

History
Culture
Current Events
Chinese and Japanese economies
World Effects
Conclusions

Where to begin?
Glance at the Past
Book of Later Han
The King of Na golden
seal sent to Wa (Japan)
from the emperor during
the time of the Han
Dynasty
Golden Seal discovered in
the 18th century in
Kyushu

Melting
Japanese imperial embassies sent to China
 Buddhist teachings
 Architecture
 City Planning
 Customs and Culture
Key Players: (Silla + Tang China) vs. (Baekje + Yamato Japan)
Heavy losses for Japan: 300 vessels destroyed
An isolated Japan

Growing Trade Relations
Port of Ningbo
Continued exchange of goods and cultural elements
Sakoku
No foreigner could enter nor could any Japanese leave the
country on penalty of death
1633-1868
Trade barriers are relaxed
Beginnings of contact with Western cultures
Modernization ~ Military Power
Combination of Western advances with eastern values
 Fought between Qing Dynasty and Meiji Japan
(1894-95)
 Dominance over Korea where much of the war
took place
 China was defeated by a modern and
militarized Japan
 1882 Crisis, Gapsin Coup, Nagasaki Incident,
Tonghak Rebellion
First Sino-Japanese War

Mukden Incident
Rape of Nanking
Occurred during a six-week period starting December 13, 1937
Widespread rape and looting took place
(*Tens of thousands*) of Chinese civilians were murdered by soldiers
of the Japanese imperial army
http://www.youtube.com/watch?v=0_ztNmV8occ
September 18, 1931
Small quantity of dynamite was detonated nearby Japan’s South Manchuria
Railway. Used as pretext for Japanese invasion.
Second Sino-Japanese War
1937-45
Japanese surrender after atomic bombings and Soviet invasion of Manchuria
Alliances
Geographical Territory
Western Influences
Bloody Massacres
Language
Modern Tension

 9,600,000 square kilometers
 1.3billion people
 five thousand years’
recorded history
 56 ethnic groups
 23provinces, 4
municipalities, 5
autonomous regions, 2
SARs.
Chinese Culture

 Anhui
 Fujian (Fukien)
 Gansu
 Guangdong (Canton)
 Guizhou
 Hainan
 Hebei
 Heilongjiang
 Henan
 Hubei
 Hunan
 Jiangsu
23 Provinces
Jiangxi
Jilin
Liaoning
Qinghai
Shandong
Shanxi
Shan'xi (Shaanxi)
Sichuan (Szechuan)
Taiwan
Yunnan
Zhejiang

 Guangxi Zhuang Autonomous
Region
 Inner Mongolia Autonomous
Region
 Ningxia Hui Autonomous
Region
 Tibet Autonomous Region
 Xinjiang Uyghur Autonomous
Region
4 Municipalities/5 Autonomous
Regions
Beijing (Peking) (北京市)
Chongqing (Chongking) (重
庆市)
Shanghai (上海市)
Tianjin (天津市)

 Hong Kong (香港)
 Macau (澳门)
2 Special Administrative
Regions

Demography
 Han (1.2 billion)
 Zhuang (16.1 million),
 Manchu (10.6 million),
 Hui (9.8 million),
 Miao (8.9 million),
 Uyghur (8.3 million),
 Tujia (8 million),
 Yi (7.7 million),
 Mongol (5.8 million),
Main ethnic groups in
China
 Tibetan (5.4 million),
 Buyei (2.9 million),
 Dong (2.9 million),
 Yao (2.6 million),
 Korean (1.9 million),
 Bai (1.8 million),
 Hani (1.4 million),
 Kazakh (1.2 million),
 Li (1.2 million).

 Confucianism
Philosophy
 Taoism  Buddhism
Confucius Lao Zi Shakyam
uni

 Confucianism (儒家; pinyin:
Rújiā) is a Chinese ethical and
philosophical system
developed from the teachings
of Confucius (Kǒng Fūzǐ, lit.
"Master Kong", 551–478 BC).
 It is a complex system of
moral, social, political, philos
ophical, and quasi-religious
thought that has had
tremendous influence on the
culture and history of East
Asia.
Confucianism

 Laozi (老子; pinyin: Lǎozǐ;) was a
philosopher of China around 6th
century B.C. and is a central figure
in Taoism.
 Laozi literally means "Old
Master" and is generally
considered an honorific.
 Taoism is the Chinese religion
which believes in ghosts and
spirits. It emphasized cooperation
with the natural forces.
Taoism

 Buddhism is a religion and philosophy
encompassing a variety of traditions, beliefs and
practices, largely based on teachings attributed to
Shakyamuni (Gautama), commonly known as the
Buddha.
 Buddha lived and taught in the northeastern Indian
subcontinent sometime between the 6th and 4th
centuries BC.
Buddhism

 Chinese culinary arts are famous all over the world.
Chinese dishes appeal to the senses through
sight, smell, taste, texture.
 Chinese cuisine includes a variety of different
flavors due to China's vast geography and diverse
nationalities. Local dishes with their own
distinctiveness can be roughly divided into eight
regional cuisines.
Chinese cuisine

Chinese Eight Regional
Cuisines
 Beijing Roast duck is thought to be one of the most delicious dishes all over
the world; most visitors coming to Beijing will never forget to have a try.
Beijing Roast Duck

 There are many traditional
festivals in China, such as
Spring Festival, Lantern
Festival, Dragon Boat
Festival, Mid-Autumn
Festival.
 But Spring Festival, also
known as Chinese new
year, is the most
important in our culture,
just as important as
Christmas Day in western
culture.
Spring Festival

Painting, Embroidery,
China
embroider painting china

 Food
 Clothes
 Traditional events
Japanese culture

 Kimono is Japan's national
costume, the highly traditional
Japanese culture for hundreds
of years and the Japanese life
closely linked. Even today,
whenever there’s a holiday or a
wedding, funeral graduation
ceremonies and celebrations
such as a grand occasion, the
Japanese kimono is still the first
choice
Kimono

 The word for “meal” in Japanese is gohan. This word
actually refers to steamed rice, but rice is such an
important food to the Japanese that Gohan has come
to mean all sorts of meals
 The most traditional Japanese meal is a serving of
plain, which rice, along with a main dish(fish or
meat), some kind of side dish (often cooked
vegetables), soup and pickled vegetables.
The Japanese Dining
table

 Before eating, Japanese people say “itadakimasu”, a
polite phrase meaning “I receive this food.” this
expresses thanks to whoever worked to prepare the
food in the meal.
 After eating , people once again express their thanks
for the meal by saying “gochiso sama
deshita, ”which literally means” it was quite a feast”
Eating a meal

 Sushi
 Sushi is a kind of rice
topped with vegetables.
It is a spectacular
combination of various
ingredients including
rice, fish and vinegar
and is the most
representative
Japanese cuisine
Food

 Shrimp tempura  Sashimi
 Japanese Ramen
noodles
 Takoyaki

 In japan, the cherry is
called “Sakura”, which
is generally believed to
be a corruption of the
word “Sakura”
blooming from the
name of princess
KoNO-Hana-sakura-
Hime
Sakura

 Children’s day, which falls on May
5th during Golden week, was
traditionally called Boys Day in
English , and was a day set aside to
wish for the healthy growth and
future career success of young boys
 Traditional decorations were carp-
shaped cloth streamers attached to
poles and dolls in the guise of
warriors, while specials food
delicacies were rick dumplings
wrapped in bamboo leaves and rice
cakes wrapped in oak leaves.
Children’s day

China

China
• China is dependent on international trade which represents over
one quarter of its GDP of $8.227 trillion USD (2012)
• China has abandoned the Soviet-style centrally planned
economy and made the move to a market oriented economic
system
• Since the 1980’s GDP has risen to $10 trillion, and in 2006 foreign
trade has exploded reaching $1.75 trillion
• Most of the Economic growth is from special economic zones
that has increased trade, foreign investment, and technology
• The EU collectively has become China’s most important export
outlet.
• China’s neighbors; Japan, South Korea, and Taiwan account for
about 20% of its total trade and investments.

Japan

Japan
 Government type: a parliamentary government with a constitutional
monarchy
 Legal system: civil law system based on German model; system also
reflects Anglo-American influence and Japanese traditions; judicial review
of legislative acts in the Supreme Court
 Chief of state: Emperor AKIHITO (since 7 January 1989)
 Head of government: Prime Minister Shinzo ABE (since 26 December
2012);
 Japan in 2013 stood as the fourth-largest economy in the world after
second-place China, which surpassed Japan in 2001,
 Among world's largest in technologically advanced producers of motor
vehicles, electronic equipment, and machine tools,

China and Japans GDP
(2012)

Current Event between China and Japan
 Rightful Ownership of The Diaoyu/Senkaku Islands
 China claims the Senkaku (Diaoyu) Islands, that are one hundred
miles northeast of Taiwan as well as the Paracel and Spratly Islands
in the South China Sea
 The U.N. Convention on the Law of the Sea gives countries the right
to an exclusive economic zone extending 200 nautical miles from
their coasts.
 The importance of the claims would give rightful territorial ownership
of a region where vast underwater natural gas fields are located in
the center of the sea.
 The amount of oil and natural gas at stake in the South/East China
Sea is unknown.
 A Chinese estimate approximates 213 billion barrels, which if
accurate would exceed the proved reserves of almost all countries
except for 2, being Venezuela at 296.5 billion at the end of 2011 and
Saudi Arabia 265. 4 billion barrels.

Japanese surveyors departing the Senkaku Islands, where
oil and natural gas prospects loom large in a dispute with
China
In Asia, and especially in China demand
for power and fuel will eventually exceed
the current supply
Advances in deep-water drilling technology
have made offshore oil and gas resources
within reach for the first time
213 Billion barrels of oil!?!?!?

U.S. Crude Oil First Purchase Price (Dollars per Barrel)

Peaceful Resolution
 Both governments know that war would be economically
disastrous, with annual trade between China and Japan in excess of
$340 billion
 One solution is to file a case with the International Court of Justice for
arbitration. Although China nor Japan want these disputes to be settled
by the International Court of Justice and risk surrender of their
sovereignty.
 East China Sea Peace Initiative (ECSPI). The plan calls for a peaceful
resolution to the dispute that: avoids antagonism; promotes dialogue;
abides by international law; establishes a code of conduct; and allows
for joint exploration and development of resources in the disputed
area.

 GDP: $13.37 trillion
 Industries: industry, machine building, textiles and apparel,
consumer products, electronics, transportation equipment
 Labor force: 797.6 million
 Unemployment rate: 6.4%
 Budget deficit: 2.1% of GDP
 Export partners: Hong Kong-17.4%, U.S.- 16.7%, Japan-6.8%,
South Korea-4.1%
 Import partners: South Korea-9.4%, Japan-8.3%, Taiwan 8%,
U.S.-7.8%, Australia-5%, Germany-4.8%
 Stock of FDI at home: $1.344 trillion
 Stock of FDI abroad: $644.2 trillion (both much larger than
world comparison numbers)
The Modern Chinese
Economy-Fast Facts

 GDP: $4.729 trillion
 Industries: motor vehicles, electronic equipment, machine tools,
steel, ships, chemicals, textiles, processed food
 Labor force: 65.62 million
 Unemployment rate: 4.1%
 Budget deficit: 8.2% of GDP
 Export partners: China-18.1%, U.S.-17.8%, South Korea-7.7%,
Thailand-5.5%, Hong Kong-5.1%
 Import partners: China-21.3%, U.S.-8.8%, Australia-6.4%,
Saudia Arabia-6.2%, UAE-5%, South Korea-4.6%, Qatar-4%
 Stock of FDI at home: $231.2 billion
 Stock of FDI abroad: $1.179 trillion (larger than country
comparison to world)
The Modern Japanese
Economy-Fast Facts

Future Economic
Projections

Future Economic
Projections cont.

Future Economic
Projections cont.
Focusing in on the consumer electronic market, the Chinese economy is projected to
flourish in coming years, while the Japanese economy is projected to decrease it’s
market size. This is assuming no major war breaks out between the two.

 In 2013, trade volume between two dropped 5.1% from
2012
 Followed a 3.9% drop from 2011 to 2012
 China using economic leverage to obtain geopolitical
goals
 China enforcing stronger labor and environmental laws
 “High levels of economic interdependence” are “war-
inducing” instead of “peace-inducing” if “states do not
expect high levels of interdependence to continue.” –
Samuel Huntington (The Clash of Civilizations and the
Remaking of World Order)
Implications in China
and Japan

 Represent second- and third-largest economies in the
world
 General Motors, Microsoft, Boeing, Nike, Coca-
Cola, Procter&Gamble have huge businesses in both
 Low political trust between the two
 U.S. not positioned to step in the middle of the battle
 Consider top exporters and importers
Implications on Global
Economy

 Military conflict unlikely
 Japan allied with U.S.
 Strong economic ties between China and Japan
easing the escalation of military conflict (about $300
billion in bilateral trade)
Should investors watch
out for tensions?

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China vs. japan

  • 2.  History Culture Current Events Chinese and Japanese economies World Effects Conclusions
  • 3.  Where to begin? Glance at the Past Book of Later Han The King of Na golden seal sent to Wa (Japan) from the emperor during the time of the Han Dynasty Golden Seal discovered in the 18th century in Kyushu
  • 4.  Melting Japanese imperial embassies sent to China  Buddhist teachings  Architecture  City Planning  Customs and Culture Key Players: (Silla + Tang China) vs. (Baekje + Yamato Japan) Heavy losses for Japan: 300 vessels destroyed An isolated Japan
  • 5.  Growing Trade Relations Port of Ningbo Continued exchange of goods and cultural elements Sakoku No foreigner could enter nor could any Japanese leave the country on penalty of death 1633-1868
  • 6. Trade barriers are relaxed Beginnings of contact with Western cultures Modernization ~ Military Power Combination of Western advances with eastern values
  • 7.  Fought between Qing Dynasty and Meiji Japan (1894-95)  Dominance over Korea where much of the war took place  China was defeated by a modern and militarized Japan  1882 Crisis, Gapsin Coup, Nagasaki Incident, Tonghak Rebellion First Sino-Japanese War
  • 8.  Mukden Incident Rape of Nanking Occurred during a six-week period starting December 13, 1937 Widespread rape and looting took place (*Tens of thousands*) of Chinese civilians were murdered by soldiers of the Japanese imperial army http://www.youtube.com/watch?v=0_ztNmV8occ September 18, 1931 Small quantity of dynamite was detonated nearby Japan’s South Manchuria Railway. Used as pretext for Japanese invasion. Second Sino-Japanese War 1937-45 Japanese surrender after atomic bombings and Soviet invasion of Manchuria
  • 10.   9,600,000 square kilometers  1.3billion people  five thousand years’ recorded history  56 ethnic groups  23provinces, 4 municipalities, 5 autonomous regions, 2 SARs. Chinese Culture
  • 11.   Anhui  Fujian (Fukien)  Gansu  Guangdong (Canton)  Guizhou  Hainan  Hebei  Heilongjiang  Henan  Hubei  Hunan  Jiangsu 23 Provinces Jiangxi Jilin Liaoning Qinghai Shandong Shanxi Shan'xi (Shaanxi) Sichuan (Szechuan) Taiwan Yunnan Zhejiang
  • 12.   Guangxi Zhuang Autonomous Region  Inner Mongolia Autonomous Region  Ningxia Hui Autonomous Region  Tibet Autonomous Region  Xinjiang Uyghur Autonomous Region 4 Municipalities/5 Autonomous Regions Beijing (Peking) (北京市) Chongqing (Chongking) (重 庆市) Shanghai (上海市) Tianjin (天津市)
  • 13.   Hong Kong (香港)  Macau (澳门) 2 Special Administrative Regions
  • 15.  Han (1.2 billion)  Zhuang (16.1 million),  Manchu (10.6 million),  Hui (9.8 million),  Miao (8.9 million),  Uyghur (8.3 million),  Tujia (8 million),  Yi (7.7 million),  Mongol (5.8 million), Main ethnic groups in China  Tibetan (5.4 million),  Buyei (2.9 million),  Dong (2.9 million),  Yao (2.6 million),  Korean (1.9 million),  Bai (1.8 million),  Hani (1.4 million),  Kazakh (1.2 million),  Li (1.2 million).
  • 16.   Confucianism Philosophy  Taoism  Buddhism Confucius Lao Zi Shakyam uni
  • 17.   Confucianism (儒家; pinyin: Rújiā) is a Chinese ethical and philosophical system developed from the teachings of Confucius (Kǒng Fūzǐ, lit. "Master Kong", 551–478 BC).  It is a complex system of moral, social, political, philos ophical, and quasi-religious thought that has had tremendous influence on the culture and history of East Asia. Confucianism
  • 18.   Laozi (老子; pinyin: Lǎozǐ;) was a philosopher of China around 6th century B.C. and is a central figure in Taoism.  Laozi literally means "Old Master" and is generally considered an honorific.  Taoism is the Chinese religion which believes in ghosts and spirits. It emphasized cooperation with the natural forces. Taoism
  • 19.   Buddhism is a religion and philosophy encompassing a variety of traditions, beliefs and practices, largely based on teachings attributed to Shakyamuni (Gautama), commonly known as the Buddha.  Buddha lived and taught in the northeastern Indian subcontinent sometime between the 6th and 4th centuries BC. Buddhism
  • 20.   Chinese culinary arts are famous all over the world. Chinese dishes appeal to the senses through sight, smell, taste, texture.  Chinese cuisine includes a variety of different flavors due to China's vast geography and diverse nationalities. Local dishes with their own distinctiveness can be roughly divided into eight regional cuisines. Chinese cuisine
  • 22.  Beijing Roast duck is thought to be one of the most delicious dishes all over the world; most visitors coming to Beijing will never forget to have a try. Beijing Roast Duck
  • 23.   There are many traditional festivals in China, such as Spring Festival, Lantern Festival, Dragon Boat Festival, Mid-Autumn Festival.  But Spring Festival, also known as Chinese new year, is the most important in our culture, just as important as Christmas Day in western culture. Spring Festival
  • 25.   Food  Clothes  Traditional events Japanese culture
  • 26.   Kimono is Japan's national costume, the highly traditional Japanese culture for hundreds of years and the Japanese life closely linked. Even today, whenever there’s a holiday or a wedding, funeral graduation ceremonies and celebrations such as a grand occasion, the Japanese kimono is still the first choice Kimono
  • 27.   The word for “meal” in Japanese is gohan. This word actually refers to steamed rice, but rice is such an important food to the Japanese that Gohan has come to mean all sorts of meals  The most traditional Japanese meal is a serving of plain, which rice, along with a main dish(fish or meat), some kind of side dish (often cooked vegetables), soup and pickled vegetables. The Japanese Dining table
  • 28.   Before eating, Japanese people say “itadakimasu”, a polite phrase meaning “I receive this food.” this expresses thanks to whoever worked to prepare the food in the meal.  After eating , people once again express their thanks for the meal by saying “gochiso sama deshita, ”which literally means” it was quite a feast” Eating a meal
  • 29.   Sushi  Sushi is a kind of rice topped with vegetables. It is a spectacular combination of various ingredients including rice, fish and vinegar and is the most representative Japanese cuisine Food
  • 30.   Shrimp tempura  Sashimi  Japanese Ramen noodles  Takoyaki
  • 31.   In japan, the cherry is called “Sakura”, which is generally believed to be a corruption of the word “Sakura” blooming from the name of princess KoNO-Hana-sakura- Hime Sakura
  • 32.   Children’s day, which falls on May 5th during Golden week, was traditionally called Boys Day in English , and was a day set aside to wish for the healthy growth and future career success of young boys  Traditional decorations were carp- shaped cloth streamers attached to poles and dolls in the guise of warriors, while specials food delicacies were rick dumplings wrapped in bamboo leaves and rice cakes wrapped in oak leaves. Children’s day
  • 34.  China • China is dependent on international trade which represents over one quarter of its GDP of $8.227 trillion USD (2012) • China has abandoned the Soviet-style centrally planned economy and made the move to a market oriented economic system • Since the 1980’s GDP has risen to $10 trillion, and in 2006 foreign trade has exploded reaching $1.75 trillion • Most of the Economic growth is from special economic zones that has increased trade, foreign investment, and technology • The EU collectively has become China’s most important export outlet. • China’s neighbors; Japan, South Korea, and Taiwan account for about 20% of its total trade and investments.
  • 36.  Japan  Government type: a parliamentary government with a constitutional monarchy  Legal system: civil law system based on German model; system also reflects Anglo-American influence and Japanese traditions; judicial review of legislative acts in the Supreme Court  Chief of state: Emperor AKIHITO (since 7 January 1989)  Head of government: Prime Minister Shinzo ABE (since 26 December 2012);  Japan in 2013 stood as the fourth-largest economy in the world after second-place China, which surpassed Japan in 2001,  Among world's largest in technologically advanced producers of motor vehicles, electronic equipment, and machine tools,
  • 37.  China and Japans GDP (2012)
  • 38.  Current Event between China and Japan  Rightful Ownership of The Diaoyu/Senkaku Islands  China claims the Senkaku (Diaoyu) Islands, that are one hundred miles northeast of Taiwan as well as the Paracel and Spratly Islands in the South China Sea  The U.N. Convention on the Law of the Sea gives countries the right to an exclusive economic zone extending 200 nautical miles from their coasts.  The importance of the claims would give rightful territorial ownership of a region where vast underwater natural gas fields are located in the center of the sea.  The amount of oil and natural gas at stake in the South/East China Sea is unknown.  A Chinese estimate approximates 213 billion barrels, which if accurate would exceed the proved reserves of almost all countries except for 2, being Venezuela at 296.5 billion at the end of 2011 and Saudi Arabia 265. 4 billion barrels.
  • 39.  Japanese surveyors departing the Senkaku Islands, where oil and natural gas prospects loom large in a dispute with China In Asia, and especially in China demand for power and fuel will eventually exceed the current supply Advances in deep-water drilling technology have made offshore oil and gas resources within reach for the first time 213 Billion barrels of oil!?!?!?
  • 40.
  • 41.  U.S. Crude Oil First Purchase Price (Dollars per Barrel)
  • 42.  Peaceful Resolution  Both governments know that war would be economically disastrous, with annual trade between China and Japan in excess of $340 billion  One solution is to file a case with the International Court of Justice for arbitration. Although China nor Japan want these disputes to be settled by the International Court of Justice and risk surrender of their sovereignty.  East China Sea Peace Initiative (ECSPI). The plan calls for a peaceful resolution to the dispute that: avoids antagonism; promotes dialogue; abides by international law; establishes a code of conduct; and allows for joint exploration and development of resources in the disputed area.
  • 43.   GDP: $13.37 trillion  Industries: industry, machine building, textiles and apparel, consumer products, electronics, transportation equipment  Labor force: 797.6 million  Unemployment rate: 6.4%  Budget deficit: 2.1% of GDP  Export partners: Hong Kong-17.4%, U.S.- 16.7%, Japan-6.8%, South Korea-4.1%  Import partners: South Korea-9.4%, Japan-8.3%, Taiwan 8%, U.S.-7.8%, Australia-5%, Germany-4.8%  Stock of FDI at home: $1.344 trillion  Stock of FDI abroad: $644.2 trillion (both much larger than world comparison numbers) The Modern Chinese Economy-Fast Facts
  • 44.   GDP: $4.729 trillion  Industries: motor vehicles, electronic equipment, machine tools, steel, ships, chemicals, textiles, processed food  Labor force: 65.62 million  Unemployment rate: 4.1%  Budget deficit: 8.2% of GDP  Export partners: China-18.1%, U.S.-17.8%, South Korea-7.7%, Thailand-5.5%, Hong Kong-5.1%  Import partners: China-21.3%, U.S.-8.8%, Australia-6.4%, Saudia Arabia-6.2%, UAE-5%, South Korea-4.6%, Qatar-4%  Stock of FDI at home: $231.2 billion  Stock of FDI abroad: $1.179 trillion (larger than country comparison to world) The Modern Japanese Economy-Fast Facts
  • 47.  Future Economic Projections cont. Focusing in on the consumer electronic market, the Chinese economy is projected to flourish in coming years, while the Japanese economy is projected to decrease it’s market size. This is assuming no major war breaks out between the two.
  • 48.   In 2013, trade volume between two dropped 5.1% from 2012  Followed a 3.9% drop from 2011 to 2012  China using economic leverage to obtain geopolitical goals  China enforcing stronger labor and environmental laws  “High levels of economic interdependence” are “war- inducing” instead of “peace-inducing” if “states do not expect high levels of interdependence to continue.” – Samuel Huntington (The Clash of Civilizations and the Remaking of World Order) Implications in China and Japan
  • 49.   Represent second- and third-largest economies in the world  General Motors, Microsoft, Boeing, Nike, Coca- Cola, Procter&Gamble have huge businesses in both  Low political trust between the two  U.S. not positioned to step in the middle of the battle  Consider top exporters and importers Implications on Global Economy
  • 50.   Military conflict unlikely  Japan allied with U.S.  Strong economic ties between China and Japan easing the escalation of military conflict (about $300 billion in bilateral trade) Should investors watch out for tensions?

Editor's Notes

  1. Cohen, Saul Bernard., and Saul Bernard. Cohen. Geopolitics: The Geography of International Relations. Lanham, MD: Rowman & Littlefield, 2009. Print.
  2. The World Factbook2013-14. Washington, DC: Central Intelligence Agency, 2013 .https://www.cia.gov/library/publications/the-world-factbook/index.html
  3. Smith, Marianne Lavelle and Jeff. "Why Are China and Japan Sparring Over Eight Tiny, Uninhabited Islands?" National Geographic. National Geographic Society, 26 Oct. 2012. Web. 11 Apr. 2014.
  4. Smith, Marianne Lavelle and Jeff. "Why Are China and Japan Sparring Over Eight Tiny, Uninhabited Islands?" National Geographic. National Geographic Society, 26 Oct. 2012. Web. 11 Apr. 2014.
  5. U.S. Energy Information Administration. "U.S. Crude Oil First Purchase Price (Dollars per Barrel)." U.S. Crude Oil First Purchase Price (Dollars per Barrel). U.S. Energy Information Administration, 1 Apr. 2014. Web. 13 Apr. 2014.
  6. U.S. Energy Information Administration. "U.S. Crude Oil First Purchase Price (Dollars per Barrel)." U.S. Crude Oil First Purchase Price (Dollars per Barrel). U.S. Energy Information Administration, 1 Apr. 2014. Web. 13 Apr. 2014.
  7. Fillingham, Zachary. "Geopolitical Monitor - Opinion." Peace Is the Only Answer in China-Japan Island Dispute. N.p., 26 Jan. 2014. Web. 13 Apr. 2014.