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The following article was published in our article directory on December 3, 2010.
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Article Category: Business
Author Name: Amanda xzh
The end of the US-ROK military exercise next day, December 3rd, the US-Japan military exercise kicked off again. Korean swords and guns are not in storage, the US-Japan military exercise became an instant "observers."
Exercise the same time, the six-party nuclear negotiations has also increased the likelihood. Chinese Foreign Ministry spokeswoman Jiang Yu said yesterday, Russia has expressed support for the six-party talks, China's head of emergency consultations initiatives.
Asia-Pacific capital markets yesterday, the impact of exercise have not been, Shanghai, Shenzhen, Tokyo, Seoul, China Taiwan and Hong Kong and other major stock markets in East Asia are rising.
Successive exercise
Japan and the United States will be held today in Japan and Okinawa, the military bases surrounding waters, airspace joint military exercises, missile defense and the main contents of the island defense, size is 6 times the US-ROK joint military exercise. The report also said, "Japan Maritime Self Defense Force's Aegis ships will take part, intended to contain North Korea." And the Xinhua News Agency reported yesterday, citing data "This is the United States and Japan held since 1986, the tenth joint field military exercise is the largest Japan-US joint military exercises. "
It should be noted that the Japan-US military exercise today will include the waters surrounding the Diaoyu Islands. In this regard, Jiang Yu, the Foreign Ministry's regular press conference stressed that "the Chinese side's position on the Diaoyu Islands on a clear, consistent, relevant bilateral, down the historical formation of the alliance should not harm third parties, including China, interests. "
More and more signals that Japan and the United States may only come with North Korea for China.
Through exercises, on the one hand, Obama transferred to a certain extent, the pressure within the United States, and strengthen the influence in the Pacific; the one hand, the arms race, etc. can be fooled or confused by all means in China, to achieve the collapse of China purposes. For us Chinese, now you should be vigilant and to effectively ensure their own interests.
Increased market confusion?
But surprisingly, South Korea, Japan and the U.S. repeated the exercise did not like the 11 at the end, "Korean artillery fire" incident, as in the Asia-Pacific capital markets and global commodity markets set off a big waves. Yesterday, the Tokyo stock market jumped nearly 2%, and once hit 5-month high; Taiwan shares closed up 0.8% to 8585.77 points, touched in June 2008, the highest since closing level; Seoul markets also ended higher, up 1.09% to 1950.26 points; Shanghai Composite Index has changed the previous day's decline, closing at 2843.61 points Times, up 0.71%.
Successive exercise messages on the current impact of the Asia-Pacific capital markets is limited. Because the Asia-Pacific stock market, mainly to see the basic economic data and the trend of the real economy. At the same time, local tensions will cause the increase in global risk aversion, hot money, investment funds will temporarily withdraw from China and other emerging markets. And related configuration and gold investors 'hard currency', which is also considered for hedging, then, a lot of money the approach will drive gold and other commodity futures prices.
Korea-US and Japan can not underestimate the U.S. military played in the financial markets, and more information can not underestimate the sensitivity of investors, can be expected in the near future, will exacerbate the financial market turmoil, even more confused.
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