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Protests Hurt Japanese Businesses in China

Written: 2012-09-17 13:57:59Updated: 2012-09-17 17:03:08

Protests Hurt Japanese Businesses in China

Violent anti-Japanese protests are reportedly taking a great toll on Japanese businesses in China.

Japan's Yomiuri Shimbun reports that a JUSCO supermarket run by Japan's Aeon group in Qingdao was looted by Chinese protesters and goods worth 17 billion won were damaged or stolen.

Moreover, Heiwado Co. department store, Seven & I Holdings Co., Ltd. and Cannon suspended operations at their branches and plants in the Chinese provinces of Hunan, Sichuan and Guangdong.

Japanese companies worry that the anti-Japanese protests will escalate on Tuesday, which marks the 81st anniversary of Japanese soldiers’ ruthless killings of Chinese civilians in Manchuria in 1931.

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