Island row dulls China land grab fears in Japan
- Published: 27 Nov 2012 at 13.47
- Online news: Asia
A spat over disputed islands has put a damper on Chinese sales of Japanese products from cars to cosmetics, but there is relief in one market at a fall-off of foreign buyers -- real estate.
Hideyuki Ishii, president of Hokkaido Style, stands before a piece of land for sale sign at Niseko in Hokkaido. A spat over disputed islands has put a damper on Chinese sales of Japanese products, but there is relief in one market -- real estate.
The chance to own land in Japan's beautiful mountain wilderness of Hokkaido has proved a real draw for moneyed Chinese, but there are local fears over what some see as a land grab targeting forests and water sources.
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