Chinese demonstrators stage an anti-Japanese protest over the disputed Diaoyu Islands, known as the Senkaku Islands in Japan, outside the Japanese Embassy on September 15, 2012 in Beijing, China.
Chinese demonstrators stage an anti-Japanese protest over the disputed Diaoyu Islands, known as the Senkaku Islands in Japan, outside the Japanese Embassy on September 15, 2012 in Beijing, China. - 
Listen To The Story
Marketplace

Tensions are on the rise this week between China and Japan after Chinese naval ships confronted Japanese fishing boats in the waters surrounding some disputed islands in the East China Sea.

It may sound like a distant squabble, but the ongoing conflict has economic impacts as far away as the U.S.

BBC reporter Rupert Wingfield-Hayes joins Marketplace Morning Report host Jeremy Hobson from Tokyo with the details.

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.