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U.S. scholar: China to boycott Japanese goods will hit the Japanese economy

University of Miami political science professor Jin Defang in recent days in the United States, "Foreign Policy" magazine article pointed out that China is now Japan's largest trading partner, the Chinese boycott of Japanese goods, due to the Diaoyu Islands conflict that will hit the Japanese economy.
 
According to Taiwan's Central News Agency reported on September 22, Jinde Fang in the text analysis pointed out that China and Japan's total trade in 2011 was $ 350 billion, China absorbed 20% of Japan's exports. Northeastern region of Japan in 2011, an earthquake, tsunami and nuclear crisis appear first trade deficit in 1981, although the same year, exports to China fell by 7.3%, relative to the EU, China is still the most attractive of the region of Japan's economic performance.
 
The Jinde Fang believes that if the Chinese boycott of Japanese goods, although the scale is difficult to estimate, but may hit the Japanese economy. 2002, Japan banned the import of raw materials of the onion, mushrooms and tatami, Beijing delayed imports of Japanese cars, air conditioners and mobile phones, the Japanese automotive industry losses of about 30 billion U.S. dollars, the Japanese side in the eight months after the compromise. In addition, after the collision in Japan in 2010, Beijing suspended rare earth exports to Japan, as a "revenge" higher costs, making Japan's technology sector, China also requires travel agents to stop to transport visitors Mission to Japan.

However, Jinde Fang also pointed out that China's boycott of Japanese goods will hurt their own production of a large number of Japanese goods in China, Toyota, Nissan and Honda depot closed for safety reasons, workers will be unemployed if you can not resume operation.



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