The fallout of tensions between the world’s second and third largest economies damages both sides To ask which side suffers more in the China-Japan stalemate is a fruitless question—as the world’s second and third largest economies,the potential losses of each party are clear.And besides disrupting the economic development of East Asia,the jarring dispute between China and Japan has had an impact on the global economy.Undoubtedly,however,Japan’s foreign trade dependency on China—which is sev-
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