I wonder if this will hold up the GH3?

Discussion in 'Digital Photography' started by RichA, Sep 17, 2012.

  1. RichA

    RichA Guest

    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
    factories.

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

    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
    September.

    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
    region.

    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
    economies.

    "The trade relations are going to be damaged by the continuing
    protests, for sure."
    RichA, Sep 17, 2012
    #1
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