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A protester destroys an overturned Japanese-brand police car with an metal rod during an anti-Japan protest in Shenzhen, Guangdong province.
A protester destroys an overturned Japanese-brand police car with an metal rod during an anti-Japan protest in Shenzhen, Guangdong province.
(STRINGER/CHINA/REUTERS)

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Japan, China need to worry about a common foe

Squabbles over remote islands have sparked a Chinese backlash against Japanese brands. But China’s slowing economy is having an even bigger impact on Japan’s exports. And while China has toppled the U.S. as Japan’s biggest market, both nations face a common economic enemy in the form of plunging demand from Europe.