Japan joins China containment

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Japan is going to turn itself into the unsinkable aircraft carrier of democracy off the Chinese coast. This will anchor the northern end of liberal allies’ “first island chain” blockade of Chinese expansion:

Here is an excerpt from Friday’s Joint Statement:

A New Era of Strategic Competition

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.