Re: Japanese Defence Minister: Helicopter & DDG "locked on" by Chinese Frigates' Ra
Japan & China are not going to back down any time soon.
Interesting times.
when Japan's trade deficit plunged to a record level despite the arrival of Abe (or perhaps due to: after all, the nationalist regime's territorial squabble with China has been a primary reason why Chinese imports from Japan has imploded), the primary reason for crushing the Yen: unleashing exports (or boosting the current account surplus for that matter), has so far been a complete disaster.
And as a final thought experiment corollary: perhaps the reason why Japan has been so belligerent when it comes to the Senkakus/Diaoyu islands is because the administration knows that relinquishing control of the field would force the country to revert back to its deflationary path in a world in which it is forced to rely on external, and very rapidly inflating in price, sources of energy.
Japan & China are not going to back down any time soon.
Interesting times.