(Reuters) - Japan's economy in the second half of 2012 signing orbit sorehead growth of 0.8% this year, is the bitter row and part of Chinese territory, and hurt, the world bank on Tuesday said in a report.
China and Japan, the relationship between the is the world's largest economy, after the United States, has a sharp deterioration, since since September, the Japanese government in the east China sea, China claims that buy the island.
Japan to China's exports fell 17%, June last year and in November, promote the economic growth of Japan in the third quarter fell by 3.5% by the year.
The world bank said that the government's preferential tax policy at the end of the year to buy fuel-efficient cars, but also damage the economy, reconstruction spending growth from 2011 in earthquake and nuclear disaster consequences and fading role.
"In Japan, the economy seems to be contract - part of the reason is due to political tensions with China in the area of the island's sovereignty," the world bank in the first two years of global economic prospects report said.
Revised published December Japanese GDP data shows, the Japanese economy in the second quarter and the third quarter, analysts expect it further atrophy, in the last three months of this year, the world bank.
Headquartered in Washington's global development bank says, in Japan's weakness may clamp to global trade, because Japan is the world's fourth largest importer.
In contrast, resolution for relations between the two countries tensions may help to speed up the recovery growth, in Japan and promote global economic recovery, ShiChen.
India overtake
, because suddenly unwind's high rate of investment, China's economic growth slowed and tingling global economic growth. In addition, will push commodity prices, China as the world's metal and a large part of oil consumption.
However, the world bank said, this situation to a hard landing of the economy is unlikely, and reiterated its released in December of this year, China's economic growth will be 8.4% of the prediction.
The bank is expected to, in the most populous country in the world growth will slow to 8%, to 2014, has the potential to decline, productivity and labor population growth gradually reduce the pace of economic expansion.
As China is beginning to slow, middle, India's economy picks up. South Asia electric shutdown, a subpar harvest, imports fell to the European economy has destroyed, lead to the end of the fiscal year in March, in the recent 10 years the most weak rate is only 5.1%.
But, from the beginning of this year, we should accelerate the economy, with the government to relax restrictions on foreign direct investment and reform policy, ShiChen.
The world bank estimates, India grew by 6.6% in 2014, and 6.9%, to 2016, and China closed the gap, this is set to increase 7.9%, years.
The world bank's chief economist and g test, Sue says China has grown at about 10%, nearly thirty years, in the long run unsustainable rate, while India took only about ten years ago, still has a long space.
"Who know years later, a couple, they may be neck and neck," he told reporters.



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