Monday, September 17, 2012

Major Japanese firms suspend operations in China


 
Chinese protesters hold placards and flags as they march past the Japanese embassy during a protest over disputed islands, in Beijing on September 16, 2012

Source: Press TV
http://www.presstv.ir/detail/2012/09/17/262049/japanese-firms-halt-business-in-china/

Japanese companies have temporarily suspended their operations in China as Chinese protesters hold fresh rallies to defy Japan’s move to purchase a chain of disputed islands, claimed by the two economic heavyweights and Taiwan.

Major car-makers Toyota and Honda, as well as electronics-maker Panasonic were on Monday obliged to shut their businesses in China after some of their factories were attacked by Chinese protesters across the country. Toyota and Honda also reported arson attacks on their stores in Qingdao.

Meanwhile, several Japanese schools across China, including in Beijing and Shanghai, cancelled classes due to the escalation of the crisis.

Anti-Japan protesters marched past the Japanese embassy in the capital Beijing after Japan announced its decision on Tuesday to purchase a chain of the disputed islands in East China Sea from their private Japanese owner.

Following the announcement, Beijing sent six surveillance ships to the islands “to start patrol and law enforcement.”

In the southern city of Shenzhen, police fired tear gas at the angry protesters who were calling for “bloodbath” in Tokyo.

In addition, over 1,000 protesters held a demonstration in the southern city of Guangzhou, burning Japanese flags. They also attacked a hotel next to the Japanese consulate.

The disputed territories, known as Diaoyu in China and Senkaku in Japan, have been the topic of a long-running row between Tokyo and Beijing. The islands are uninhabited but resource-rich.

The islands are located near a crucial shipping lane and would give the owner exclusive oil, mineral and fishing rights in the surrounding waters.

 

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