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Economy

Building a mutually beneficial relationship between China and Japan

Though each country has different goals and interests, the key is understanding what these are

People use their smartphones while riding a subway in Beijing.   © Getty Images

For people around the world, it is no easy task to grasp China as it really is since the East Asian power is changing by the minute. Imagine a man who talks about the China of today from his experience of living in the country 10 years ago, and another who analyses China's present state based on what he saw in China when he made a business trip five years ago.

Unfortunately neither of them can depict the reality of today's China. The high-speed rail lines that are sprawling across the mainland and subway networks spreading in regional cities did not exist a decade ago. Five years ago, there was not even the slightest bit of the "smartphone economy" in which everyone carries a smartphone and goes out without cash.

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