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Japanese manufacturers cannot compete with the looming onslaught of Chinese cars. Few if any will survive...mergers will just buy a little time... China is positioned to become the dominant power globally via trade- just as Britain once did and then USA - Now China returning to the position it held 600 years as the most advanced culture in the world. The power projection of the nation state is crucial to the wealth of the nation. Trade is war and China has already won the trade war. Libertarian ideologs just don't get it- but its written throughout history.