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Tuesday, January 29, 2013

Lack of trust clouds strategies of China, Japan and the US in East Asia

Lack of trust clouds strategies of China, Japan and the US in East Asia:

The world watches in bewilderment as two of its largest economies inch ever closer to war. It's all the more puzzling given that the countries have become close trading partners in recent years and the arguments between them seem trivial.

Their economies are so interdependent that any confrontation - let alone a full-scale war - would surely bring ruin to all.

The scene described is Europe 100 years ago. It may be an exaggeration to compare today's Sino-Japanese tension to Europe on the eve of the first world war, yet there is a danger of history being repeated.

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