December 4, 2014

"Japan's top military official last week said a "crisis management" system was needed as soon as possible to avoid conflict over competing claims for several atolls and small islands in the East China Sea.

China and Japan, almost needless to say, have had a stormy relationship over the years. They've fought several wars and the legacy of Japan's long history of occupying parts of China continues to sting today. Considering China is the world's second largest economy and Japan the third largest economy, any confrontation would prove destabilizing to world financial interest."

Read more:

http://www.chinatopix.com/articles/25892/20141204/japans-top-military-officer-hot-line-china-south-china-sea-east-china-sea-shinzo-abe-xi-jinping.htm