posted on Dec, 14 2012 @ 08:28 AM
Originally posted by JrDavis
What is sad is; please correct me if I'm wrong.
Japan had this Island first. And China got it after WWII, we gave the island to China.
Now Japan buys it back? And there's an issue?
Japan has held the island for quite a long time - long enough that the Allies didn't consider it a product of wartime aggression (and they drew the
definition for that back to well before WW1).
In other words, it was never given to China. Control of the island was returned to Japan after the end of the American occupation - but the occupation
never saw secession of ownership of occupied land.
Through all of this, the islands had been owned privately by a couple of families. That ownership doesn't make them less Japanese in the same way
that you owning the land your house is on makes you an independent state.
The islands came up for sale recently for a number of reasons - not the least of which being that the family was tired of being harassed by Chinese
demanding that they sell them the islands. Funny how that never gets mentioned in the foreign press on this. Been all over the Japanese news..
The Japanese government had two choices: Allow the islands to be bought privately - which would have not ended much different than what we have now -
or buy them and preserve them from development. That's where we are today.
As far as war breaking out on this one: probably not. China has already lost too much. If they start shooting, it's all over for their economy. As it
stands, they're going to be feeling the effect of this one for a long time.
After the recent protests, this has been the last straw for a lot of companies, and they're getting out of China. Watching the state bus in
protesters to smash Japanese businesses because of a claim based on tribute paid centuries ago (literally) is just too much. I do a lot of work in
logistics, and what I've been seeing and hearing is a LOT of production is gearing up to quietly exit. Not just Japanese companies - it's everyone.
Indonesia, Vietnam, the Philippines, and India are the big destinations. Cambodia is rising fast, Laos as well. Plenty of others are taking another
look at the USA at this point.
Frankly, it's a shame. i like China quite a bit - but they're not interested in playing with the rest of the world anymore - and no one's
interested in having their factory torched over a diplomatic row that could easily be settled at the Hague.