Japan, the world's second largest economy, is pushing for a 750 billion yen ($9.4 billion) bail out to prevent Japan from being pushed as an "economic cliff", as put by Soichi Okuda, chief economist of the Sumitomo Shoji Research Institute of Tokyo. The stimulus is being halted in the Diet by opposition parties debating over the terms and restrictions of the stimulus package. Due to the hold up, funds for the package will come from discretionary funds, cutting of energy subsidies, and smaller local governments.
The yen is currently continuing a 4 month trend of decline, which is projected to continue as the sale of debt, in the form of bonds, has halted as large corporations are skeptical about the interest rate given the government's 2013 budget. Currently, if the stimulus package does not pass the Japanese Government will have no 2013 budget to run the country. Producting pricing has dropped throughout the country on all products, except fresh food products, to encourage Japanese citizens to circulate money back into the economy.
If the Japanese government fails to pass this stimulus, and encourages dealers to purchase bonds of the government's debt, it will create a significant economic void in the in Pacific Market. China could potentially "prop up" the Japanese economy, essentially taking control of the country in a legal economic way. Japan is the suppressor of China in the Pacific, and if there is no strong Japan, then China can play unchecked against a failing Russia.
http://www.bloomberg.com/news/2012-10-26/japan-adds-stimulus-amid-threat-of-bond-sale-disruption-economy.html
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