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February 16, 1942, Japanese prime minister, Tojo Hideki, announced in the Diet that Japan was going to release East Asia (from the control of Western powers). "Great East Asian Co-prosperity Sphere" is Japan's aggressive project of dispelling Western powers and coordinated East Asia into an economic body under Japan. For survival, many merchants in Japan's controlled area found their way to accomodate the Japanese order. For details you may refer to our Bulletin: Xiaohong Xiao-Planes, “ ‘Chinese Capitalists in Japan’s New Order’ : Parks M. Coble, Chinese Capitalists in Japan’s New Order: The Occupied Lower Yangzi, 1937-1945”.
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