On China’s Rising Hatred Of The Japanese, And Why The BoJ Just Doesn’t Get It

It is becoming increasingly evident that Japan is attempting to use monetary policy to paper over the cracks of imploding foreign policy decisions. The ‘storm in a teacup’ that has brought China and Japan into fierce rhetorical battles over the Senkaku (or Diaoyu) Islands is having far more deep-seated impacts on the people of the two nations – and implicitly their buying habits. Unfortunately for the embattled Japanese – they are the ones in need far more than vice versa.