Fault lines fester in Asia

New fault lines have emerged in Asia that signal increasing geopolitical risks, including for global markets. These risks have been highlighted by the recent comments of both Japanese Prime Minister Shinzo Abe — who noted that Britain and Germany went to war in 1914 despite being economically interdependent in the same way Japan and China now are — and Philippine President Benigno Aquino, who compared China's territorial creep with Nazi Germany's expansionism.

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