Japanese Politician Fears Asia Co-Prosperity Plan

[Mulboyne]

[floatr][/floatr]Guardian: Japanese MP says Japan could become Chinese province
A senior official in Japan's ruling party has warned that his country could become "just another Chinese province" within the next 20 years if Beijing's military development continues at its current rapid rate. In a speech in Nagoya, Shoichi Nakagawa, the chairman of the Liberal Democratic party's policy research council, claimed Beijing was "seeking hegemony" in Taiwan and beyond, local media reported. "If something goes wrong in Taiwan in the next 15 years we [Japan] might also become just another Chinese province within 20 years or so," he was quoted as saying by the Kyodo news agency...Mr Nakagawa's comment received a frosty response in Beijing...more...

[TFG]

Hey that might just fix the failing birthrate in Japan.

I am amazed that anyone is taking these idiots for real anymore.

[Neo-Rio]

This guy should be careful what he wishes for.

[xenomorph42]

Sooo ignorantly pathetic!:rolleyes:

[Catoneinutica]

Sooo ignorantly pathetic!:rolleyes:

Rewind 15-20 years when Japanese politicians were so preening and full of themselves, declaring Japan to be the lead bird in the flock of East Asian economies. Now they're keeping the yen de facto pegged to the yuan, trying to maintain competitiveness with China and to _catch up_ with S. Korea in some areas, and here S. Korea had a per-capita GNP equal to that of Ghana as recently as the 60s.

What's the next currency Japan's going to be competitively devaluing against in the coming decades as it falls further behind? The Thai Baht? The Vietnamese Dong?

-catone
-disclosure: the author is currently holding a short position on the Dong.

[kamome]

disclosure: the author is currently holding a short position on the Dong.

Should I even bother making the obvious joke here? OK, can't resist: I always holds a long position on the Dong.

[Catoneinutica]

Should I even bother making the obvious joke here? OK, can't resist: I always holds a long position on the Dong.

Uhh...it WAS the obvious joke.

[Greji]

Should I even bother making the obvious joke here? OK, can't resist: I always holds a long position on the Dong.

My dong is longer than your dong!