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China & Japan (Regional Competition (Regional Economic Competition…

- - - - but: still tensions with neighbors
        
        tensions with Vietnam in China Sea
        
        Senkaku Islands: controlled by Japan but claimed by China
      - wants to break image of threatening power
- - - - relies on large diaspora = more than 50M people worldwide
      - suffers from a negative image for human rights
      - organizes international events (2008 Olympics) + promotes Chinese language and culture around the world
    - - world famous culture (manga, video games, gastronomy...)
      - distributed official development assistance (ODA) to Africa and Asia
  - - - limited army + no nuclear weapon
      - not member of UN Security Council
    - - 2nd military budget + largest army in world
      - established network of military ports (pearl necklace)
      - owns nuclear weapon + seat of permanent member in Security Council of UN
- - - - new countries emerging in the region
      - population: aging and rise of precariousness
      - dependent on imports of raw material
      - natural hazards
    - - Tokyo: world's largest metropolis
      - financial power: 1st creditor in world (2014)
      - Japanese FTN exporting worldwide (4th largest exporter in world)
      - highly diversified economy with large industry
  - - - "world workshop": leading exporter of manufactured products
      - emergence of Chinese middle class + construction of major infrastructure = domestic market development
      - inexpensive labor
      - investments abroad increased by 20 since 2000
    - - most of country is underdeveloped
      - critized for its monetary policy + regional policy perceived as aggressive
      - lack of democracy, corruption & environmental problems