Saturday, April 23, 2005

The Influences of The Protests on China

***SUMMARY OF THE NEWS***

"The violent movements against Japanese actually affect Shanghai city most. The image of Shanghai as a cosmopolitan city was cracked", Mr. 楊国強 of 市外事弁公室 said to consul general of Shanghai. Japan is an important investor for Shanghai, so Japanese economic activities in Shanghai is directly affect development of Shanghai city. After the protest happened in Shanghai on 16th April, the Shanghai city officials start visiting Japanese companies one by one in order to inquire their damage and ask them to keep their bussiness in Shanghai.


Many Japanese and Japanese companies had thought Shanghai was safe, but their thought was denied on last weekend. Some shops and restaurant are destroied, and a few Japanese are injured. But the incident affect not only Japanese companies, but Shanghai city. I read another news that one Japanese company postponed to embark on Shanghai after the incident.
Not only Shanghai. China is "factory" of Japanese products and employees of the factory is the Chinese. So the loss in the Japanese business will affect the Chinese who working for the Japanese company. Besides it may affect the investment in China.

This post is based on my knowledge from reading the news on asahi.com.

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