Today's Coming Crisis Movie

Tuesday, September 11, 2012

Japan says it will purchase disputed islands from private owner, angering China

TOKYO — Japan’s Cabinet formally announced Tuesday that the government will purchase several disputed islands that China also claims — a move that Beijing said would bring “serious consequences.”

Chief Cabinet Secretary Osamu Fujimura told reporters that Japan will buy the three uninhabited islands in the East China Sea from a private Japanese family it recognizes as the owner, and has budgeted 2.05 billion yen ($26 million) for the purchase.

China and Taiwan also claim the islands, which are part of what Japan calls the Senkakus and China the Diaoyu group.

Fujimura said the decision to nationalize the islands is “to maintain the Senkakus peacefully and stably.”

The deal was signed with the family later Tuesday morning, public broadcaster NHK said. Read More