politics

China seeks Japan's economic cooperation amid trade war with U.S.

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China' definition of "free trade": foreigners can invest if they're happy being a junior partner in a joint venture controlled by a local firm owned by the communist government.

9 ( +9 / -0 )

It is not a trade war, it is called fair and reciprocal trade. China you have taken advantage of the US for too long we are just leveling the playing field. Notice the country getting away with unfair practices are always the ones who complain loudest?

5 ( +12 / -7 )

Not a huge fan of Trump, but I like his attitude towards China. China's trade surplus with America has bankrolled their island-building and their military buildup....and let's just tell it like it is: China's theft of IP is finally being understood by the rest of the world.

Many want to say 'well China is just like Japan in the endaku era'. WRONG.

China is a dictatorship; Japan is a parliamentary democracy (and please stop with 'oh really, tell that to Abe and the Liberal Democrats);

China has rapidly increased in military spending, post-WWII Japan never accelerated military spending the way China has;

China builds islands and then claims the land/surrounding water as 'rightfully and historically China's'; Japan has never done that;

China deploys microscopic chips in motherboards to spy on BOTH Americans and the American government; Japan has never done that.

The 'trade war' is more than just about trade. It is about China mis-behaving in a very aggressive fashion.

4 ( +4 / -0 )

What a change! Unbelievable Change of Chinese attitude to Japan until a couple of years ago. Thank you Trump! It is only Trump's U.S.A. that can hold down arrogance of China.

3 ( +8 / -5 )

China' definition of "free trade": foreigners can invest if they're happy being a junior partner in a joint venture controlled by a local firm owned by the communist government.

Pretty much.

Although they have allowed Tesla to set up in China without any Chinese partner. I think its a first.

Many countries require you to have local partners, especially in Asia and that's fine as long as their is some flexibility and investors aren't forced into a 51%+ local partnership in which they can't maintain control over their investment. Also, and I am not 100% certain, that China would be unique in requiring CCP members on boards in some situations. Basically its like having Google forced to have a bunch Republican party members on the Google board......Come to think of it...mmm ;)

China is still very much a state enterprise driven economy, especially when it comes to foreign investments which presents them with unfair advantage against foreign competitors that don't have the never ending purse of government to fund their activities. China has the right to develop their economy this way. That's fine, but other countries have the right to try and even up the playing field and tariffs are one way of doing that. One way of dissuading importers from importing Chinese goods and getting into tie ups with Chinese companies linked to the government that have unfair advantage.

I do not think that China can maintain its state driven economy forever. They obviously intend to get out of that model eventually, but progress is slow and in the meantime, they maintain that unfair advantage.

Security is a concern. Take Australia. $40 billion AUD Chinese enterprises have invested in Australia in 4 years. They now make up about 25% of our yearly total FDI. Of that $40 billion, a very significant amount, especially big investments in the multi-billions have come from state linked Chinese companies and very worryingly, in energy assets. I don't want foreigners controlling our energy assets while we rely on centralized electricity and gas. I don't want American's owning it and the Chinese even less. That sort of thing all countries need to be monitoring.

How much of the U.S grid is owned by Chinese state linked companies?

3 ( +3 / -0 )

Why would Japan increase investment in China after the senaku island fiasco a few years back? They should be running for the hills.

3 ( +3 / -0 )

No way, Japan if anything needs to stop enabling China. What's the point when it just threatens you on the high seas? Time to take the candy away

2 ( +2 / -0 )

AkieToday wrote: Glad to see that Abe finally realized his mistakes and changed his anti-China policy.

Abe did not make any mistakes. Abe is merely capitalizing on China's panic as Trump applies pressure on it. Japanese are still open-eyed at the CCP's danger. That hasn't changed.

2 ( +2 / -0 )

Many want to say 'well China is just like Japan in the endaku era'. WRONG.

I've seen this comparison myself a few times.

Its deliberately designed to normalize relations with China. To get Western governments and people to treat China as they would Japan, mostly by people with something to lose, like invested U.S business interests.

I hope one day we can treat China like Japan, but the trend does not look positive.

Along with what Muratafan has mentioned how about real kicker that is basically an insult to the Western world.

Smashing up Christian churches that don't comply CCP doctrine.
2 ( +2 / -0 )

Is Mr. Fukuda is working like Nixon who was running 'Shadow Diplomacy'  behind the curtains after his retired ? I doubt his influences over the "Abes"!

1 ( +1 / -0 )

China is dangerous in my opinion. The scariest part of China is the evolving social credit system which restricts freedom (such as travel) for those with low social credit scores. Loyalty to the party weighs heavy in this score.

I would never want to live in such an Orwellian society.

1 ( +1 / -0 )

China is dangerous in my opinion. The scariest part of China is the evolving social credit system which restricts freedom (such as travel) for those with low social credit scores. Loyalty to the party weighs heavy in this score.

I would never want to live in such an Orwellian society.

Its scary, but as bad as it is if you happen to rebel as a Chinese national living in China, I want to know what happens when they go overseas.

Do you get extra credit for espionage and spying in Western universities and businesses?

How about Japanese ones?

Probably and a rather nice dollop of credit at that.

1 ( +1 / -0 )

Need to stop helping China destroy Japan! they took our 2nd place in the world and destroying our factories in Japan, enough is enough!

1 ( +1 / -0 )

I'm not pro or anti I only want Japan to do trade with the world. Can be US, China, EU, Russia, UK, SK, South American, African nations, Oceania, wherever it won't be economic aggression. Figure out what is fairness at the top, some nations can be one on one, other can be multinations like TPP. If Japan is getting profit, using win-win sytem or protectionism, here is Japan with a vision to the world. Now, politics and geo-politics are going too strong and aggressive, but only these current govts are going too further, let's change that with citizen voices and business system to work in different system, no more than that with hope, wish and our will.

0 ( +0 / -0 )

Abe has a chance to choose, if he wants to be remembered as a sage leader, then he has to make wise decision. With or without Japan, China is going to be bigger, better, happier, and stronger. I believe Abe has changed, he is not cheating, he is sincere.

0 ( +0 / -0 )

you are probably the first and the only one on planet earth who doesn't even know that trade is mutual and reciprocal by definition

Let’s say you were lost in the desert and dehydrated. I offer you hot chili Doritos and baguettes for $5, but charge you $1,000 and your grandmother’s secret cookie recipe for a pint of water.

The transaction is “trade” in the sense that I gave you goods in exchange for money and intellectual property, but is it fair and reflective of actual market value?

-1 ( +2 / -3 )

The Sino-Japan relationship has "returned to a normal development track," Li said.

Thank you, Mr. Trump.

-1 ( +1 / -2 )

If you're smart, you'll choose CHINA!!

-1 ( +0 / -1 )

Japan is desperate to continue it's large trade imbalance with the US, thru unfair trade, that it has had for the last forty years.

To achieve free and fair trade with China and Japan, Trump will stay the course.

-2 ( +1 / -3 )

This trade situation with China is one of those things that, if left unresolved, will haunt the world for the next 50 years. China, unlike Russia, has the cash and the population, and the well educated workforce, to dominate the world in ten years if not stopped now. So the trade war with China is only a piece of the strategy such as cyber. Obama talked about it, but never did anything at all. Trump is taking them on very aggressively in every area.

-2 ( +0 / -2 )

It is fair to say that Japanese business and Japanese people contributed significantly, as a neighbour, to China's modernization. Abe himself proposed strategic mutual beneficial relationship with China in his first term. I wish him best in putting his words into action.

-3 ( +2 / -5 )

Thank you Trump for bringing about this change. Japan and USA have been the big winners in the Trade Wars all the world is fighting now, and China is weaker.

-4 ( +4 / -8 )

Many, if not all, of you perhaps don't know that traditionally Japan wasn't favored nation in trade with China. Vietnam was the most favored one. Southeast Asia nations were the ones most favored. Japan worked really hard to eventually got the status. It was a privilege. The 1000 virgins send to China 2000 years ago already a part of great China. Anyway, China just started a giant project to build million toilets countrywide, I believe Japan is an expert in this area, and can contribute a lot. Of course, with or without Japan, Chinese are going to build. The idea is to open Chinese market for Chinese.

-5 ( +0 / -5 )

Dango bong, you are probably the first and the only one on planet earth who doesn't even know that trade is mutual and reciprocal by definition in English and in law. Robbery is not reciprocal, if that is what you mean.

-6 ( +5 / -11 )

Glad to see that Abe finally realized his mistakes and changed his anti-China policy. According to most recent intelligence report from China, by a secret agent, that Germany just opened a new Mercedes Benz plant in Northeast China. What is Abe's response ?

-9 ( +0 / -9 )

Schopenhauer, as far as I can remember, China's attitude toward Japan is always friendly since 3000 years ago. 2000 years ago, Chinese Emperor granted the name to Japan and never rename it since.

-12 ( +2 / -14 )

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