Eco,
No doubt no one, not even Japanese, ignores the massive entrepreneurial spirit of China, the Chinese people, and the massive economic machine of this country. China is , as what
@Shotgunner51 pointed out in a past post --- not the same comparison for Japan. Japan, tho is an ultra-developed country, great technologies, is not the same as China since China , by her disposition, is a continental-sized power. Japan, as you may know, is an Archipelago, and due to this geographical constraint, will be limited in terms of natural resources.
While Japan is growing now, we have to also appreciate the Chinese potential.
In the end, if we are to apply a meta-analytic appraisal of the situation in Asia, we can agree upon that both Chinese and Japanese investments will drive regional development, as well as fuel more growth in both Japan and China. This is a positive and dynamic relationship, provided we keep politics and nationalistic tendencies out of the equation.