Dispute greatly upgrade, has pushed the war Sino Japanese economic and trade policy makers and the public choice of front desk. China has the ability to allow Japan to pay a greater price in economic and trade war, but in the implementation of economic sanctions, we need comprehensive consideration, design principles, objectives, and the end of sanctions, in order to achieve the field, minimizing the cost and revenue maximization, to avoid backfire.
Sino Japanese economic and trade war: Japan is more expensive
What is certain is that China has the ability to give greater damage to Japan through trade sanctions, and to pay the price of their own less than the damage caused by japan. Because the bilateral trade between China and Japan has a significant difference in the total trade volume between the two countries, Japan's dependence on trade between China and Japan is higher than China's trade dependence on China and japan.
As a whole, Japan's share of China's foreign trade tends to decline. 1993 - 2003 years, Japan has been China's largest trading partner, but in 2004 by the European Union, the United States, and later fell to asean.
2002, China's trade with Japan $101 billion 900 million, accounting for 16.4% of the total foreign trade of the year, exports to Japan $48 billion 400 million, accounting for 14.9% of the total exports of the year; since the date of imports of $53 billion 500 million, accounting for 18.1% of total imports.
2011, China's trade with Japan $342 billion 900 million, accounting for 9.4% of the total foreign trade of the year, exports to Japan $148 billion 300 million, accounting for 7.8% of the total exports of the year; since the date of imports of $194 billion 600 million, accounting for 11.2% of total imports.
On the contrary, in 2011 Japan's total exports, total imports were $822 billion 700 million, $854 billion 300 million, according to the Japanese statistics, exports to China accounted for 19.7% of its total exports; according to China customs statistics data, imports from Japan accounted for 23.7% of total exports to Japan, exports to Japan accounted for 17.4% of total Japanese imports. Such an asymmetric dependence, and China exports to Japan less than imports from Japan, the Japanese decided Chinese has the ability to pay a higher price in both economic and trade war.
At the same time, if the direct investment in China is blocked, is experiencing a difficult transformation and upgrading and re layout of the survival and development prospects of the Japanese industry will be greatly damaged.
Changes in production costs and technological innovation has made the pride of the Japanese manufacturing industry, such as home appliance industry into the plight of the entire industry, the need to upgrade and re layout to get rid of the plight of overseas.
In undertaking Japanese technology and capital intensive industry, the second largest economy in the world, as the world's only with the United Nations Industrial Classification of all categories of industrial countries, Chinese in the domestic market scale, human resources, infrastructure, public services and industrial supporting advantages than other popular in most developed countries and emerging markets can match.
Further, China as an economic growth rate among the major powers, one of the highest rate of import growth and macroeconomic stability of the country, the vast majority in the global market dominated the industry or enterprise, if not China into such a high growth market, it means that the dream dominates the global forefront of the industry burst.
On this point, look at the master and want in the island of Taiwan food industry forefront through early investment in the mainland, see snow Fu Group, old German engineering machinery manufacturer since 1990s and how China ventures failed in 10 years later become a takeover China engineering machinery enterprise standard, it is not difficult to understand.
At the same time, after last year's devastating earthquake and the resulting loss of customers, market share, many previously reluctant to transfer Chinese production of Japanese technology, capital intensive enterprises, also have to consider the transfer of production capacity to at least a portion of the overseas, they rejected the more unbearable Chinese one of the best investment place price.
In practice, China's economic sanctions against Japan have caused significant damage to Japan, forcing the other side of self-discipline. In 2001 the "onion war", because Japan unilaterally implement emergency China onion export restrictions, China announced on Japanese cars, mobile phone and other mechanical and electrical products import levy 100% retaliatory tariffs, leading Japan related industry into confusion and Kato, the famous Japanese construction machinery manufacturers had never been layoffs, in the sanctions also have to through this line, the company and the Xiagong group brewing in the joint ventures also declare paotang.
The choice of economic sanctions against Japan
As the world's leading exporter, importer, foreign direct investment into the country and the rapid rise of the foreign investment in our country, the choice of foreign economic sanctions, from trade in goods import and export trade in goods, trade in services, trade in services imports many aspects of export, foreign market access, external financing and foreign direct investment select. According to the comparative advantage of China and Japan, we can start from the following aspects in the field of economic sanctions against japan:
Import of goods.
Import capacity is power. Under normal circumstances, a country as the final consumer imports a large number of the country which have potential influence to the exporting country is bigger, because the export of Chinese enterprises and government in order to keep this important market, often have to accept the importing country's rules of the game, sometimes even had to accept conflict with national law.
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