Someone Just Said Something About The Japan-China Conflict That Scared The Crap Out Of Everyone -- Henry Blodget, Business Insider
I went to one of those fancy private dinners last night in Davos, Switzerland.
Like most of the events here at the 2014 World Economic Forum, the dinner was conducted under what are known as "Chatham House Rules," which means that I can't tell you who was there.
I can tell you what was said, though. And one thing that was said rattled a lot of people at the table.
During the dinner, the hosts passed a microphone around the table and asked guests to speak briefly about something that they thought would interest the group.
One of the guests, an influential Chinese professional, talked about the simmering conflict between China and Japan over a group of tiny islands in the Pacific.
Read more ....
My Comment: I heard this same type of talk from a senior Chinese official from Fujian province on my last trip to China over a year ago. This is one of those situations where you hope that man's "better angels" rule the day because if China does what these "Chinese professionals" are advocating .... it would result in sanctions, a military buildup, and a Japanese response that may mean war.
2 comments:
Any such move by China's current leadership would knock the crap out of Chinese business advancement threatening these leaders. Long before worrying about the Japanese, China's leaders, with good reason, worried about their own people. They still do. Everything else is bluffing to distract the people from domestic issues like pollution and corruption. China's leadership's biggest problem by far is China's people.
@Keeping Able
You can't apply such reasonable logic (because it is good logic) to the Chinese because this isn't just any normal tension felt between neighbours. It's a lot more than that, and like the Japanese, the Chinese are very nationalistic.
You would be surprised how many chinese and japanese would throw aside economic worries to settle a 'score' and that's the scary thing about all of this. China could also be overestimating its economic power and are taking a risky gamble.
Post a Comment