The Japanese government stepped in and purchased the islands itself, paying $20 million. China reacted angrily, setting off a chain of events that turned the Diaoyu/Senkaku Islands into a global flashpoint, bringing to mind an image of two well-heeled billionaires fighting over a cigarette butt in a trash can. The thought that these desolate blots of maritime nothingness could be the cause of such disagreement between two of the world’s biggest economies beggars belief. Yet, that is what has happened because, even while riding the crest of a wave of wealth, an uneasiness deep inside each
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