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Tokyo warns China of trade impact
Big fall for Nikkei share average
Monday, April 18, 2005 Posted: 12:03 AM EDT (0403 GMT)
BEIJING, China (CNN) -- Japan is warning of economic consequences as China refuses to apologize for a spate of violent anti-Japan protests staged throughout the nation.
China is Japan\'s biggest trading partner, but Foreign Minister Nobutaka Machimura has warned that bilateral ties, \"including on the economic front, could decline to a serious state.\"
The tension between the two Asian giants is being reflected on stock markets on Monday, with Japan\'s Nikkei 225 average down more than 3 percent in the morning session.
Taiwan -- for 50 years a Japanese colony and one of several bones of contention between Beijing and Tokyo -- is down 2 percent. |
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