日本国沖縄県石垣市登野城- Tonoshiro, Ishigaki City, Okinawa Prefecture, Japan
Angered, even though its legitimacy never questioned as it has been historically an integral part of Japan, by nationalization of Senkaku islands by the Government of Japan, Mr. Xi Jinping, First Secretary of the Central Secretariat of the Communist Party of China, has reportedly devised hardline policy against Japan and has been the foremost propagator of anti-Japan policy. It seems that a concept of "harmonious society" promoted by Mr. Hu Jintao, the departing leader of China will soon be gone into oblivion completely.
Unforgivable violence now spreading across China has caused much damage to the Japanese investments, including Panasonic, the earliest and largest Japanese investment in China since Japan normalized diplomatic relations with China in 1972.
In October, 1978, Mr. Deng Xiaoping, then first vice premier, visited Japan and met Mr. Kounosuke Matsushita, a founder of Panasonic in Ibaraki City, Osaka, Japan. Mr. Deng so eager to improve relations with the outside world, particularly with Japan humbly requested Mr. Matsushita to teach him how to modernize electronics industry. In reply to his humble request, Mr. Matsushita promised to extend full support to him.
Mr. Deng Xiaoping
Mr. Matsushita has been well known in China for his courageous decision to step into Japan-China economic cooperation in the early days of Chinese struggle to modernize the country soon after China embarked upon "reforms and openness". The joint venture of color CRT plant established in Beijing had never been closed down even under martial law after Tiananmen Square incident occurred.
The ongoing turmoil in China proves that past achievement in and remarkable contribution to the Chinese society guarantee foreign investors nothing, particularly to the Japanese investors China always targets at for its political causes. No stable business operations are foreseeable as political risks seem to be getting higher and higher. Many Japanese see anti-Japan protests as "China returns evil for good".
The Chinese Rampage (incl. massacres) is an infamous centuries old tradition. This incident has helped a majority of Japanese remember such an expression as "China returns evil for good".
Tetsuya Watanabe, novelist, economic critic, and CEO of a company tweets as follows:
The best possible answer to the ongoing anti-Japan protests spreading in China is "Japan fully recognizes them as being a Chinese domestic issue; therefore, it is not an issue Japan should interfere with. However, as the Japanese enterprises have been vandalized and looted, we expect that China will arrest criminal suspects urgently and then will compensate the Japanese victims for the tangible and intangible losses they have suffered.
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