Velocity Reviews - Computer Hardware Reviews

Velocity Reviews > Newsgroups > Computing > Digital Photography > I wonder if this will hold up the GH3?

Thread Tools

I wonder if this will hold up the GH3?

Posts: n/a
17 September 2012 Last updated at 01:50 ET
China protests: Panasonic suspends some operations

Japanese electronics maker Panasonic has suspended some of its
operations in China after anti-Japan protesters attacked two of its

The firm said its factory in Qingdao will remain shut until 18

According to media reports, Canon has also suspended operations at
three of its Chinese factories.

The attacks are a part of wider protests that have spread across China
and hurt other firms, including Toyota.

They started after Japan said it had agreed a deal to buy a chain of
disputed islands in East China Sea from their private Japanese owner.

China has maintained its sovereignty over the islands which are also
claimed by Taiwan.

A spokesperson for Panasonic told the BBC that the firm would continue
to monitor the situation over the next two days.
'Directly affected'

The disputed islands, known as Diaoyu in China and Senkaku in Japan,
are uninhabited but resource-rich.

They have been a contentious issue between the two countries, and were
the focus of a major diplomatic row between them in 2010.

The dispute flared up again over the weekend after Tokyo said it had
agreed to purchase them, leading to thousands of protesters taking to
the streets in various parts of China.

The demonstrations saw protesters burning Japanese flags and targeting
Japanese-made cars.

There have been reports of a Toyota dealership in China being damaged
during the demonstrations.

On Monday, the Bloomberg news agency reported that Canon had also
suspended operations in three of its factories in China until 18

Canon did not immediately respond to a query from the BBC to confirm
the reports.

Analysts said the dispute had started to affect Japanese firms
operating in China.

"We are definitely seeing that Japanese companies are being directly
affected by the protests," Shaun Rein of China Market Research Group
told the BBC.
Bigger impact?

The attacks on some Japanese businesses have raised fears about the
impact of the protests on Japanese investment in China.

Analysts said that China, which was known for being a low-cost
manufacturing base, has seen a steady rise in labour costs in recent
times, negating a big advantage it had on other countries in the

They said that the protests could result in some Japanese firms
starting to look beyond China for further expansion.

"They might want to consider expanding manufacturing operations in
Thailand or in other nations that are more welcoming towards Japanese
investment," said Mr Rein of China Market Research Group.

He warned that such moves might have an impact on China's economic
growth and also on the overall trade ties between Asia's two biggest

"The trade relations are going to be damaged by the continuing
protests, for sure."
Reply With Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
GotApex reviews the ATI All-In-Wonder X800XT. Silverstrand Front Page News 0 10-18-2005 03:56 AM
ATI All-In-Wonder X800XL 256MB PCIE Video Card Review #607: Silverstrand Front Page News 1 10-06-2005 07:33 AM :: Exclusive :: ATI ALL-IN-WONDER X800 GT ... Silverstrand Front Page News 0 08-28-2005 09:50 PM
Connect3D All-in-Wonder Radeon X800 XT 256MB AGP Silverstrand Front Page News 3 06-30-2005 05:48 AM
Re: Wonder why GC has only 2 generations ... here is the answer. Richard Blewett ASP .Net 0 10-31-2004 10:50 AM