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China Threatens to Attack Japan’s Bond Market Over Island Dispute

BEIJING, China. Japan recently bought a chain of privately owned islands and three reefs from Japanese businessman Kunioki Kurihara. Japan to pay about (U.S.) $26 Million for the tiny island group. Kurihara apparently owns the islands and previously had been leasing use of the islands to the Japanese government (Source: BBC). The islands are “uninhabited rocks.” China insists that the islands are there’s, and began threatening Japan last week. Read More… (Photos and video – Riots in China)