"When China eclipsed Japan as the world's second biggest economy in 2010, there was less gnashing of teeth in Tokyo than some had expected.
Given China's size and dizzying growth over the last two decades, Japanese business leaders accepted long ago that a shift in the economic rankings was inevitable.
Japan is more concerned about China's military growth: how it will affect long-running bilateral disputes over territory and access to energy sources, and where it will leave the regional balance of power in an era of post-US hegemony..."
at http://www.guardian.co.uk/world/2012/mar/22/japan-wary-east-china-sea
Given China's size and dizzying growth over the last two decades, Japanese business leaders accepted long ago that a shift in the economic rankings was inevitable.
Japan is more concerned about China's military growth: how it will affect long-running bilateral disputes over territory and access to energy sources, and where it will leave the regional balance of power in an era of post-US hegemony..."
at http://www.guardian.co.uk/world/2012/mar/22/japan-wary-east-china-sea
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