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No sooner had Xi given Abe a handshake in Jakarta on April 22, 2015, than three Cabinet-level ministers of the Japanese government went to pay their respects and homage to the mass murderers of 35 million innocent Chinese men, women and children, spanning 50 years of brutal and systematic genocide.|
So, what happened to China's proverbial wisdom in forgiving an implacable enemy who could not wait to stab China in the back an umpteenth time, for Auld Lang Syne?
That Confucian wisdom, may be gone, in fact, as the central bank of China persists in overvaluing the Yuan, on the other hand, even as the manufacturing sector of China is teetering from the loss of export and domestic markets to foreign manufacturers, especially of Japan, whose central bank has been devaluing the Yen instead. Unlike the Bandung Conference that catapulted China into the leadership of the Third World (coined by Mao, no less), the Jakarta meeting trampled on the last vestiges of China's self-respect and national pride. In a few months, China's economic Harakiri will have been consummated, as factory closing with massive unemployment is accompanied by hyperinflation due to the current erroneous "cure" for China's self-inflicted recession - increasing liquidity instead of boosting production by devaluing the Yuan to 6.50 CNY/USD.
In the shadow of the 120th Anniversary of the Treaty of Shimonoseki of April 17, 1895, the new Bandung Conference may symbolize another century of China's humiliation at the hands of its historic tormentors and enemies.