Want China Times, Staff Reporter 2013-11-22
 |
| Chinese vice premier Wang Yang, center, meets with a Japanese delegation led by Toyoto honorary chairman Fujio Cho in Beijing on Nov. 19, 2013. (Photo/Xinhua) |
A group of
178 delegates from Japan's financial sector will be snubbed by China's
president, Xi Jinping, and premier, Li Keqiang, during their current visit to
China, reports iFeng.com, the website of the Hong Kong-based Phoenix
Television.
The
delegation, which includes Toyota honorary chairman Fujio Cho, will instead
meet with Xi and Li's representative and Chinese vice premier Wang Yang.
Analysts
believe the time is not yet right for China's top leaders to commence talks
with Japan's financial sector given the ongoing tensions between the two
countries over a dispute over the Diaoyutai islands (Diaoyu to China, Senkaku
to Japan) in the East China Sea. The crisis reached a boiling point last
September when Japan purported to nationalize the islands through purchases
from private owners, sparking anti-Japan protests across China.
In the
first 10 months of this year, Chinese investment in Japan has plummeted by
37.3%. During the same period, however, investment in Russia, America and the
European Union few by 858%, 227% and 98%, respectively. Investment in the
Association of Southeast Asian Nations (ASEAN) member countries also increased
by 25% over the period.
The
delegation is the first large-scale group from Japan's financial sector to
visit China since Japanese prime minister Shinzo Abe was elected for his second
term in office last December. The visit will last from Nov. 18 to Nov.
24.
Related Articles:
China to pour US$1 trillion into African investments
China grants $1 billion loan for Pacific island nations
China grants $1 billion loan for Pacific island nations
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.