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starcraft said:
"Due to those countries not liking Japan."

Is that statement more, or less racially loaded than "Europe doesn't buy the 360 because it's American?"

It's not a racial issue, it's a national one. And loaded or not, both those statements have a kernel of truth.

Europeans typically favour Japanese products over American, as they are generally considered to be more reliable.  And Japan has made a lot of enemies among it's neighbours.