Japan and China agreed to talks aimed at reducing tensions over a territorial dispute a day after Japanese Prime Minister Yoshihiko Noda warned that without negotiations Asiaâ€™s two biggest economies would suffer.
Officials from both countries agreed to hold vice- ministerial level discussions at an unspecified date, Japanâ€™s Foreign Ministry said last night. Shinsuke Sugiyama, director- general of the ministryâ€™s Asia-Pacific bureau, met with Chinese counterpart Luo Zhaohui in Tokyo yesterday and began preparations for the talks, according to a statement.
â€œIt is important for Japan and China to take a broad view and start by communicating with the aim of improving relations, including at the planned vice-ministerial meeting, where I expect a frank exchange of views,â€ Japanese Chief Cabinet Secretary Osamu Fujimura told reporters today in Tokyo.
via Bloomberg 
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