From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish. We begin this hour with President Obama on the campaign trail. He was in the battleground state of Ohio today, but he spent much of his time talking about China. President Obama even announced a new trade complaint against China during a campaign stop in Cincinnati.
China's state-run media is warning that Japan could endure another "lost decade" of economic stagnation should Beijing resort to trade retaliation over Japan's purchase of disputed islands.
The warning comes amid a surge of anti-Japanese nationalism across China that sparked huge and sometimes violent protests over the weekend. As the economic cost of the protests begins to escalate, it's becoming clearer exactly who might be behind them.
President Obama will launch a new trade enforcement case against China Monday, using the power of incumbency to counter Republican Mitt Romney's criticism that he is ceding American jobs to the Asian power.