Chinese Military On "High Alert" After It Scrambles Fighter Jets

Chinese Military On "High Alert" After It Scrambles Fighter Jets To "Counter" Japanese Jets

The one thing that most seem to forget in the epic 30 year old story (which has a very sad ending) that is the Japanese floundering economy, is that while the new Abe government may and will likely try everything to crush the Yen (which is already nearing the 90 USDJPY target, however briefly, before it resumes its grind lower once it dawns on investors what it will mean for the Japanese Treasury when bond yields soar), the main reason it has posted three massive monthly trade deficits in a row has nothing to do with its currency, and everything to do with what is now a permanent boycott of Japanese exports by China.

http://newsdoors.blogspot.com/2013/01/chinese-military-on-high-alert-after-it.html

Source: http://www.nowpublic.com/world/chinese-military-high-alert-after-it-scrambles-fighter-jets

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