Noda Kahiko Appealed To China Not To Impose Trade Sanctions Against Japan

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With the warming of China's territorial disputes, territorial issues gradually spread to various fields such as economy, culture and so on.

Japanese media said China began to implement trade retaliatory measures such as postponing customs procedures.

According to reports in South Korean media, Japanese Prime Minister Noda Kahiko said recently that the diplomatic stalemate between the world's second and third largest economies is harmful to both countries and will have an adverse impact on the global economy.

As report goes,

On the 23 day in an interview with the media, China indicated that China was developing by virtue of foreign investment.

That is to say, if China implements trade sanctions which are contrary to international practice, it will be damaged by the decrease in investment.

But China holds a different position.

After analyzing the interdependence between China and Japan, it is found that if China implements economic sanctions against Japan, Japan will suffer heavy losses and China's losses will be relatively small.

Japan accounts for only 9% of China's total trade, while China is Japan's largest trading country, accounting for 21% of its total trade.

In terms of numbers, if the two countries comprehensively control import and export, Japan will obviously suffer more losses.

But Saito Taro, a researcher at NISSEI Foundation Research Institute, Japan, said that blocking Japanese companies would also have an adverse impact on China's employment.

In Japan's exports to China, the machinery, spare parts and materials needed by Chinese enterprises are numerous. Once the trade war is launched, Chinese enterprises will not be able to operate normally.

Media commented that the two countries started

The war may damage the third country enterprises.

The supply of spare parts for major enterprises depends on China and Japan. If the two countries control exports, they will seriously affect the production of major global enterprises.

Take iPhone as an example, many parts are produced in Japan, but final assembly is carried out in China.