Global News

China, Japan resume financial talks after 8-year hiatus

China, Japan resume financial talks after 8-year hiatus

Wang's trip also follows an official visit by Kono to Beijing earlier this year, and marks the first visit by a Chinese foreign minister to Japan in a bilateral context in nine years.

The Japan-China Excessive-Stage Financial Dialogue was being held Monday in Tokyo for the primary time since August 2010. Japan has come in for criticism from US President Donald Trump on trade and been hit with tariffs on steel and aluminium, but Japan has not yet threatened counter-tariffs.

Chinese Premier Li Keqiang is set to visit Japan next month for a trilateral summit with Abe and South Korean President Moon Jae-in.

Japan welcomed news that the USA was looking at rejoining the Trans-Pacific Partnership trade deal, which Prime Minister Shinzo Abe has pushed as a counterweight against Chinese economic influence.

In a background briefing on Abe's visit Friday, the official, who asked not to be named, said the meetings at Trump's personal resort Mar-a-Lago in Florida would start in the afternoon on April 17 with a one-on-one meeting, followed by a small-group discussion that will include some of their top national security officials.

Man City One Win Away From Title After Defeating Spurs
Speaking after the game, and quoted on the Sky Sports website , the Spurs boss said: "There's nothing to worry about". They took four points off of Guardiola's side and finished above them in the league.

He said the 2 countries should also put their ties back on the right path of development so that they can open the way for a new future.

Since the Japanese government purchased most of the Senkaku Islands from Japanese owner in 2012, China has frequently sent its ships into Japanese territorial waters around them, raising fears that unintended conflict between Japan and China could be sparked in the area. Since taking office at the height of the dispute, Japanese Prime Minister Shinzo Abe has sought rapprochement with his country's biggest trading partner.

Japanese officials said the mutual foreign ministers' visits for the objective of bilateral talks are the first between Japan and China in eight years.

"For the Abe administration, China is essential to effectively pressuring North Korea", said Madoka Fukuda, a professor of global politics at Hosei University in Tokyo.


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