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Considering the relations between Japan and mainland China from 1952 to 1972, it is possible to say that there were "twenty lost years" in East Asian regional politics, because of no official diplomatic relations between Japan and China, which have been the two biggest powers of East Asia. The research question of this study is how the relations between the two countries developed in this process, when the political power in Japan did not prefer recognizing the communist regime in mainland China instead of its nationalist counterpart in Taiwan due to the Cold War political conjuncture. Accordingly, in this study, the period between 1952-1972 was examined in terms of economic diplomacy. Economics was perhaps the only factor that kept the people of the two countries dependent on each other. Informal and individual initiatives and businesses established during this period, which were sometimes openly supported by politicians behind closed doors, ensured that the threads were never broken in Sino-Japanese relations. In this context, the names, Takasaki Tatsunosuke in Japan and Liao Chengzhi in China, stood out. [ABSTRACT FROM AUTHOR]