April 2, 2013

Mongolia looks to Japan to get out of China’s economic shadow - AJW by The Asahi Shimbun

Mongolia looks to Japan to get out of China’s economic shadow - AJW by The Asahi Shimbun: "ULAN BATOR--A businesswoman found herself rebuffed when she attempted to change her Chinese restaurant in the heart of Ulan Bator to attract the multitude of immigrants from China.

“I wanted to put up a sign in Chinese, but the Mongolian government ordered us not to do so,” said the woman, who is from Hebei province in central China.

Anti-China sentiment has grown in Mongolia, a resource-rich, sparsely populated country that is now trying to reduce its economic dependence on its huge neighbor to the south.

Against this backdrop, Prime Minister Shinzo Abe struck a package of financial and technological assistance deals with Mongolian leaders during his visit on March 30-31. It includes possible development of a coal mine and rare earth minerals."

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