NOBEL PEACE PRIZE UPDATE: China Steps Up the Pressure on Japan.
Among the world’s top powers, the Japan-China rivalry has the most potential to launch a major war. But until this incident, there was relative quiet in this dispute. China had been calming the waters, smoothing over tensions in its relationship with Japan. If Beijing is now going to raise the stakes in the standoff over small islands, 2016 could see Asian tensions hit new highs. More aggressive Chinese policy in the East China Sea would be an ominous sign for the new year, indeed.
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