The dispute between Japan and China over the Senkaku / Diaoyu islandscontinues to simmer. Even as International Monetary Fund (IMF) chief Christine Lagarde warned about the dangers to the global economyshould the dispute escalate, the fallout from the squabble continues to build momentum.  There was always going to be a risk of economic consequences for both sides, as Japanese companies operating in China were forced to shut down operations and had property damaged during the recent flair-up in tensions. Since the protests in China have stopped, a string of reports have emerged that show the consequences are going to be very real.

Read Here – The Diplomat