Japan grows wary of China's money clout

[dArKeR]

As officials in Washington warily consider a Chinese offer to buy a big US oil and gas company, the reaction in Japan to the swelling economic muscle of China provides an early warning sign of the mixed emotions that China evokes as it rises on the global stage.
After a five-year boom, Japan's export growth to China stalled in May. Recent polls of Japanese investors show a growing reluctance to make further investments in China.

The immediate catalyst for the changed attitude was a wave of anti-Japanese protests in Chinese cities in April. But those protests, countenanced by China's leaders, sent out a broader message: China would not object if its people, or its business executives, demonstrated a sense of nationalism on the streets or in corporate boardrooms.

http://www.taipeitimes.com/News/worldbiz/archives/2005/06/28/2003261258