Home GRASP GRASP/Japan Japan, China to hold finance talks amid concerns on protectionism, North Korea

Japan, China to hold finance talks amid concerns on protectionism, North Korea

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Japan and China will hold their first bilateral financial dialogue in two years on Saturday to discuss risks to Asia’s economic outlook, such as the protectionist policies advocated by U. S. President Donald Trump and tension over North Korea, officials said.
Chinese Finance Minister Xiao Jie, who missed a trilateral meeting with his Japanese and South Korean counterparts on Friday for an emergency domestic meeting, has flown in for the bilateral dialogue, seeking to dispel speculation his absence had diplomatic implications.
Xiao and Japanese Finance Minister Taro Aso will discuss issues ranging from North Korea’s nuclear and missile program to the two countries’ economic outlook and financial cooperation during the dialogue, to be held on the sidelines of the Asian Development Bank’s annual meeting in Yokohama, eastern Japan.
Senior finance officials from both countries will also hold a separate round of talks, Japanese Finance Ministry officials say.
Relations between Japan and China have been strained over territorial rows and Japan’s occupation of parts of China in World War Two, though leaders have recently sought to mend ties through dialogue.

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