At the time when world economy is passing through worse stage of its history tension is raising between two Asian economic giants China and Japan. Asian stocks falls sharply after growing China and Japan tension and add further worries in Europe. Tokyo stocks also closed lower for the first time in four trading. Japan has already closed several top brands and factories in China after growing tension. The owner ship of disputed islands is main cause of tension between the two nations for decades. The purchase of the Diaoyo island by the Japanese government from private owners raise the tension between two countries.
Taiwan also claims ownership of disputed island. Only month ago China has lodged a strong protest with the Japanese government after activists landed on disputed island. Chinese protestors also stage an anti Japan rally outside the Japan Embassy in Beijing protests also took place across China after growing tension. According to media news China sent its first aircraft carrier and several boats towards disputed Island in a show of force. In presence of Japan Navy ships any small mistake can bring big disaster in the region. Despite growing tension UNO and world community is seeing everything with blind eyes which is very unfortunate.
KHAWAJA UMER FAROOQ
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