While it has not been that long since the WWII japan massacred nanjing, japan and china has another conflict on island dispute, and the extreme japanese right wing is denying everything japan has done in WWII, which is just not helping the situation at all… It looks like china will punish japan by banning all japanese product sale and manufature in china! From this moment onwards, chinese will drive German cars instead of toyota, choose kodak over nikon canon… Let's give it a year, will japan's economy suffer in a long term prospect?
Added (1). According to the news: Factory burned, several japanese factory shut down temporary, unemployment seems to be not an issue. China is a major market in the world, I would imagine non japanese brands will soon take over japanese brands' place, offer new employment opportunities.
Added (2). Source: bbc and cnn, and my opinion.
It appears japanese are crying out loud for their business closures in china, thinking about pulling business out of china due to desperation.
>>> Will japan suffer when china ban all japanese products?