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May 31, 2010

China warns debt woes threaten global recovery

TOKYO (Reuters) – China warned on Monday that Europe’s struggle to contain ballooning debt posed a risk to global economic growth, raising the spectre of a double-dip recession.

Premier Wen Jiabao, addressing business leaders during an official visit to Japan, issued his warnings a day after France admitted it will struggle to keep its top credit rating and days after a downgrade of Spain’s credit status again jolted financial markets.

May 31, 2010

Japan seeks Chinese navy restraint, gas field talks

TOKYO (Reuters) – China and Japan agreed on Monday to set up a hotline after a series of incidents in contested waters and to resume talks on joint exploration of disputed gas fields at a summit on Monday.

Chinese Premier Wen Jiabao maintained Beijing’s cautious stance on the sinking of a South Korean warship in response to a call by Japanese Prime Minister Yukio Hatoyama for global condemnation of North Korea over the incident.

May 31, 2010

China’s Wen jogs through Tokyo park to woo Japanese

TOKYO (Reuters) – Chinese Premier Wen Jiabao went for a jog in Japan’s capital on Monday morning on a visit the two nations hope will boost ties that have weakened despite the ambitions of Japanese Prime Minister Yukio Hatoyama.

The two biggest Asian economies have settled into a steady relationship since 2006, when they set aside years of rancour centred on Japan’s wartime occupation of Asia.

May 30, 2010

Q+A – Rivalry and friendship between Japan and China

TOKYO (Reuters) – Chinese Premier Wen Jiabao will meet Japanese Prime Minister Yukio Hatoyama in Tokyo on Monday, but even as Asia’s economic powerhouses move to deepen ties disputes are simmering and mutual mistrust persists.

Here are some questions and answers about ties and tensions between the Asian giants.

May 30, 2010

China urges calm in standoff over ally North Korea

SEOGWIPO, South Korea (Reuters) – China came under pressure to censure in North Korea at a regional summit on Sunday but gave no sign it would get tough with the hermit state, instead urging everyone to calm tensions over a ship sinking.

Seoul and Tokyo blame North Korea, whose leader, Kim Jong-il, visited China earlier this month, of torpedoing the Cheonan corvette in March, killing 46 South Korean sailors.

May 30, 2010

China faces pressure over North Korea

SEOGWIPO, South Korea (Reuters) – China faces regional pressure at a summit on Sunday when South Korea and Japan will want signs that Beijing will accept U.N. censure of North Korea, blamed for sinking a naval ship.

Seoul and Tokyo are convinced that North Korea, whose reclusive leader Kim Jong-il visited China earlier this month, torpedoed the corvette Cheonan in March, killing 46 South Korean sailors, but Beijing has remained noncommittal.

May 29, 2010

South Korea, Japan make show of unity over North Korea

SEOGWIPO, South Korea (Reuters) – South Korea and Japan on Saturday vowed to stand united against North Korea ahead of a regional summit likely to press China over its reluctance to blame Pyongyang for the sinking of a South Korean ship.

Leaders of the three big northeast Asian powers are meeting in Seogwipo, a honeymoon resort on the South Korean island of Jeju, for a summit that was meant to boost plans for greater regional cooperation and economic integration.

May 23, 2010

Okinawa governor says US base plan tough to accept

TOKYO, May 23 (Reuters) – The governor of Japan’s Okinawa
said on Sunday it would be tough to accept a U.S.-Japan plan to
keep a controversial U.S. air base on the southern island,
dealing a blow to the government ahead of a mid-year election.

Voter perception that Prime Minister Yukio Hatoyama has
mishandled the Futenma air base row has eroded government
support, threatening the ruling Democratic Party’s chances in
the upper house election, which it must win to avoid policy

May 21, 2010

Natural for investors to rethink Thailand: finance minister

TOKYO (Reuters) – Thailand’s finance minister said he has not seen foreign investors leaving the country despite recent political unrest, but acknowledged it would be natural for them to reconsider their investment destination or delay their plans.

But Finance Minister Korn Chatikavanij stressed that Thailand was committed to making efforts to win back investor confidence.

May 21, 2010

Thai econ to recover fast if stability stays – finmin

TOKYO (Reuters) – Thailand’s economy is likely to recover fairly quickly if stability reached over the past 24 hours is maintained but tourism will suffer a disastrous impact for the rest of the year, the country’s finance minister said.

Life in Bangkok inched back to normal on Friday as the authorities cleaned up the capital after riots and arson attacks by anti-government protesters whose movement was put down by troops after a two-month rally.

    • About Yoko

      "I am based in Tokyo, covering Japan's political and general news, ranging from politics, diplomacy/defence to cultural and social issues. Before moving to my current position, I specialised in Japan's economic policy and macroeconomic news for about 10 years, with a concentration in reporting daily policy developments at Ministry of Finance, the Bank of Japan and other economic agencies."
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