China Japan

China Japan

China Japan

China Japan

China and Japan are the worlds largest 2nd and 3rd most successful countries economically all over the world respectively. Both these countries are geographically separated by an ocean. They are the worlds first- and second-biggest holders of foreign currency reserves. For trade, Japan is fully dependent on China. Therefore, there are many tides and tensions exist between them as follows:-
On Monday, Japan released the crew of Chinese fishing boat that was caught up last week without making the clear statement about the captain arrested at Territorial rift. The main fact of ties of these nations is that they are biggest Asian Economic Interdependent.
As far as GDPs are concerned, unadjusted GDP of Japan’s second-quarter total is about $1.2883 trillion, while that of China is $1.3369 trillion. So, total GDPs of these countries are account for about 17% of the world’s total output.
In 1st half of 2010, China Japan rebounded after facing the global financial crisis and the trade reached to about 12.6 trillion yen while in 2009 it was 21.7 trillion yen.
Both these countries are also suffering from territorial disputes, energy competitions and military tensions..!

Leave a Reply

Your email address will not be published. Required fields are marked *