China Vice Premier Wants to Restart Economy Talks with Japan

Chinese Vice Premier Wang Yang has called for resumption of high-level talks among economy-related ministers from China and Japan that have not been held since 2010.

Wang made the proposal at a Wednesday meeting with a delegation of the Japan-China Economic Association, including Japan Business Federation (Keidanren) Chairman Sadayuki Sakakibara and other businesspeople.

Wang, in charge of external economic affairs, would be cochair of the high-level talks. His comment seems to be a strong signal that China is ready to expand its exchanges with Japan again, a senior official of the association said.

At the request of the Japanese business delegation, Wang also expressed his willingness to resume public-private dialogue on energy-saving measures and the environment between the two countries, also halted since 2012.

At the meeting with Wang, Fujio Cho, chief of the association and honorary chairman of Toyota Motor Corp., requested China accept a meeting between the Japanese and Chinese top leaders at an early time.

via Japan News

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza