(Image from: Want China Times)
...another problem is smoldering. This one in the Pacific Rim, as tensions between China and Japan are escalating over disputed islands in the East China Sea.
It's uncertain at this time whether this "maritime shadow boxing" could erupt into war, but some economies, like South Korea's are trembling over the rising animosity. (Not that China and Japan have ever been friends).
This has also caused a slight shift to the right in Japan's attitude towards foreign policy and its self-defense forces.
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