News / Asia

    China Snubs IMF, World Bank Meetings in Japan

    A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo, October 10, 2012.
    A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo, October 10, 2012.
    Political tensions between China and Japan overshadowed the annual gathering of the International Monetary Fund and the World Bank in Tokyo Wednesday. Top officials representing the world's second-largest economy are not attending.

    In an unusual break with its own protocol, China is not sending its key senior officials to the most important annual round of global meetings of finance ministers and central bankers.

    The World Bank confirms China's finance minister, Xie Xuren, and the governor of the People's Bank of China, Zhou Xiaochuan, will be represented by lower ranking officials.

    It was previously announced that the four top Chinese banks would not be at the gathering, which is being attended by relevant officials from 180 countries.

    ​The downgrading of the Chinese delegation is seen as a snub of host Japan, with which an old territorial dispute has recently escalated.

    China cited a tight schedule as the reason its top officials cannot attend. In Beijing Wednesday, Foreign Ministry spokesman Hong Lei was asked if the officials’ absence indicates China’s unhappiness over the territorial dispute.

    A group of disputed islands known as Senkaku in Japan and Diaoyu in China is seen from the city government of Tokyo's survey vessel in the East China Sea, September 2, 2012.A group of disputed islands known as Senkaku in Japan and Diaoyu in China is seen from the city government of Tokyo's survey vessel in the East China Sea, September 2, 2012.
    x
    A group of disputed islands known as Senkaku in Japan and Diaoyu in China is seen from the city government of Tokyo's survey vessel in the East China Sea, September 2, 2012.
    A group of disputed islands known as Senkaku in Japan and Diaoyu in China is seen from the city government of Tokyo's survey vessel in the East China Sea, September 2, 2012.
    He says Japan’s purchase of the Diaoyu Islands is a serious infringement upon China’s sovereignty.  He says Japan should acknowledge the dispute between the two countries and hold talks on the issue. 

    Japanese Foreign Minister Koichiro Gemba calls China's absence “very disappointing.”

    Chief government spokesman Osamu Fujimura says it is a pity Chinese officials have declined to attend such an important meeting

    Fujimura says since economic exchanges between Japan and China are important the Japanese government will take a broader view and continue to try communicating with China.

    There is concern the feud over the group of small islands claimed by China but controlled by Japan could adversely affect their economies and others in the region.

    Bank of France governor Christian Noyer calls the absence of his Chinese counterpart and the finance minister a diplomatic issue he should refrain from commenting on.

    "I hope that the discussions in the various meetings will be successful in any case," he said.

    After Japan's government moved last month to buy the disputed islands - which are called Senkaku in Japanese - from a private Japanese owner, relations with China quickly deteriorated.

    Nationwide protests erupted in China. Japanese automakers saw September car sales in China plunge.

    Share prices of automakers came under pressure in Wednesday's trading, helping to send the Tokyo market to a two-month low with the benchmark Nikkei index closing two percent lower for the day.

    Steve Herman

    A veteran journalist, Steve Herman is VOA's Southeast Asia Bureau Chief and Correspondent, based in Bangkok.

    You May Like

    US Watching as North Korea Holds Biggest Political Meeting in 36 Years

    Workers' Party Congress set for Friday; Washington anticipating possibility of another missile launch or nuclear test as top officials gather

    Video Pop Icon Prince Quietly Helped Afghan Orphans for Years

    He sent thousands of dollars to help an aid group rebuild a training center for orphan boy and girl scouts in Kabul, but kept his involvement secret

    Britain’s Muslims See London Mayor Race as Victory

    Mere running of 45-year-old former government minister and son of Pakistani immigrants Sadiq Khan seen by many as turning point

    This forum has been closed.
    Comment Sorting
    Comments page of 2
        Next 
    by: Habi from: Canada
    October 13, 2012 12:27 PM
    by: gotto from: Canada
    October 12, 2012 11:15 AM
    "Japan gave China big monetary aid and helped it to become modern nation."

    NUTS, If your home were invaded and your daughters and your wife were raped/killed and all the man were either killed or damaged, I would like to ask you how much monetary aid you need so that you can show gratitude to the robber/killer who damaged your family, raped your daughter and wife and killed your father? especially the robber don’t’ want to follow Justice and international law (like Potsdam Declaration) and keep trying to rob your land.

    China development depends on Chinese and cooperation with the world, not only because of Japan. BTW, Japan got huge amounts of money and benefits from China market, but their product quality (like car) is lower than those sold to North America. Japan have made brutal war crime in WWII and got lots of money from China, and have never paid reparation to individual Chinese, China and Taiwan. Monetary aid from Japan has been stopped long time ago, these aid in the past decades is far less than the benefits Japanese got/robbed in China, and is far from enough compared with the crime Japanese made in China in WWII.

    In Response

    by: gotto from: Canada
    October 15, 2012 7:48 AM
    Barbaric Chinese attacked Japanese businessmen in Shanghai and injured them.

    Chinese are underdeveloped, uncivilized and brainwashed Neanderthals who don't know civilization.

    Chinese are sick men in Asia.

    by: mhee from: Philippines
    October 13, 2012 9:51 AM
    China is too confident with its economy,how if all the nation will also boycott their product,"The China's downfall", as NO MAN IS AN ISLAND!!!!!

    by: Mhee from: Philippines
    October 13, 2012 7:39 AM
    China is like a crocodile who claims all Islands in Asia, bullying the small countries but we wont give up!Its our territory and and we will fight for it by hook or by crook !

    by: RLEE from: China
    October 12, 2012 4:48 AM
    Ask not why China is angry. Ask what Japan did to our nation.
    In Response

    by: Yoshi from: Sapporo
    October 13, 2012 12:51 AM
    Not a few of Chinese political leaders studied at Japanese universities and learned about democracy and modern sosiety.
    In Response

    by: gotto from: Canada
    October 12, 2012 11:15 AM
    Japan gave China big monetary aid and helped it to become modern nation.

    China forgot Japanese gratitude.

    by: RLEE from: China
    October 12, 2012 2:23 AM
    To USA: your Pearl Habor was bombed by Japan.
    To Japan: you slaughtered the innocent Chinese people.
    To the world: Fine, there is nothing permanent on this planet. Fine, we Chinese are barbaric, we Chinese are ill educated, we Chinese shall go to hell. Then hell it is! Let's fight for our claims! You can crush us, you can never subdue us!

    by: RLEE from: China
    October 12, 2012 1:40 AM
    Idle words! It is between Japan and China. Mind your own business, you meddling fools!

    by: gotto from: Canada
    October 11, 2012 10:31 AM
    Chinese are uncivilized, underdeveloped and barbaric second class citizens who vandalize and loot Japanese shops in China.
    They haven't changed since the Boxers era. Bfr condemning Japan, they should condemn their own corrupt government. Chinese are sickmen in Asia.
    In Response

    by: gotto from: Canada
    October 12, 2012 7:32 AM
    You are brainwashed by corrupt Chinese government.
    Foolish Chinese are all deceived by Chinese Communist Party.
    Only the top bureaucrats of the Communist Party get all the wealth of China and foolish Chinese people have to work like slaves.
    Don't you realize such a simple fact?
    In Response

    by: LHW from: Tokyo
    October 12, 2012 12:30 AM
    See gotto from Canada, I think he is most cultivated Japanese who is representative.
    I agree that all Japanese like gotto, they are "developed" by American and are classy and aristocratic.
    But you aristocratic Japanese, please do not sell your noble goods like cars to uncivilized, underdeveloped and barbaric second class citizens. And withdraw all your companies fro dirty China. Otherwise, Japanese should feel ashamed.
    Right?

    by: Hoang from: Canada
    October 11, 2012 6:25 AM
    China has territorial disputes with all its neighbours. China already took control of land and islands from Vietnam through force and intimidation in 1973, 2000 and 2008. Because Vietnam is a small, poor communist country, the world says nothing. Likewise for the invasion of Tibet. Similarly, China uses vague historical claim 'since ancient times' to claim Senkaku islands from Japan.

    by: K lc from: CHINA NJ
    October 11, 2012 4:06 AM
    Maybe it will become worse in future,
    althought i do not want to see this situation ,but obviousely it is hard to have a agreement between the governments and people of two countries.
    At last, war is only method

    by: Samurai from: Japan
    October 10, 2012 11:28 PM
    China as a whole has become second to none in terms of Asian economy (This is bubble, though, and definitely blasts in no distant future); however, Chinese children living in rural districts cannot so much as go to school because their parents are too poor. Who in China are devouring Chinese wealth? The answer is simple: a handful of Communist leaders and citiots.

    Chinese leaders must pay attention to their own poor people, instead of having evil thoughts such as claiming sovereignty over the Senkaku islets, Japanese inherent territory, and the like. If Chinese government wants to get natural resources in the Senkaku islets, it must pay for that---That is one of ethics of human beings. Chinese proverb says that who is satisfied with clothing and food learns ethics and manners; however, Chinese never learned ethics and manners yet---Chinese have not yet cultivated in a sense.
    Comments page of 2
        Next 

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    Donations Rescue Afghan Parents, Children From Forced Labori
    X
    May 05, 2016 6:44 PM
    A Facebook campaign organized by a VOA radio host raised 150,000 Afghan rupees to rescue a family from forced labor at a brick kiln in Nangarhar province – the result of the father’s unpaid debt. Video by a VOA reporter in Jalalabad went viral this week and triggered the Facebook campaign.
    Video

    Video Donations Rescue Afghan Parents, Children From Forced Labor

    A Facebook campaign organized by a VOA radio host raised 150,000 Afghan rupees to rescue a family from forced labor at a brick kiln in Nangarhar province – the result of the father’s unpaid debt. Video by a VOA reporter in Jalalabad went viral this week and triggered the Facebook campaign.
    Video

    Video Kurdish Troops Recount Firefight Which Killed US Navy SEAL

    A U.S. Navy SEAL killed Tuesday, when Islamic State fighters punched through Kurdish lines in northern Iraq, was part of a quick reaction force sent to extract other U.S. troops trapped by the surprise offensive. VOA's Kawa Omar spoke with Kurdish troops in the town of Telskuf -- the scene of what U.S. officials called a "dynamic firefight."
    Video

    Video British Lawmakers Warn EU Exit Talks Could Last A Decade

    Leaving the European Union would mean difficult negotiations that could take years to complete, according to a bipartisan group of British lawmakers. While the group did not recommend a vote either way, the lawmakers noted trade deals between the EU and non-EU states take between four and nine years on average. Henry Ridgwell reports on the mounting debate over whether Britain should stay or exit the EU as the June vote approaches.
    Video

    Video NASA Astronauts Train for Commercial Space Flights

    Since the last Shuttle flight in 2011, the United States has been relying on Russian rockets to launch fresh crews to the International Space Station. But that may change in the next few years. NASA and several private space companies are developing advanced capsules capable of taking humans into low orbit and beyond. As VOA's George Putic reports, astronauts are already training for commercial spacecraft in flight simulators.
    Video

    Video US Worried Political Chaos in Iraq Will Hurt IS Fight

    The White House is expressing concern about rising political chaos in Iraq and the impact it could have on the fight against the Islamic State. The U.S. says Iraq needs a stable, central government to help push back the group. But some say Baghdad may not have a unified government any time soon. VOA's White House correspondent Mary Alice Salinas reports.
    Video

    Video Press Freedom in Myanmar Fragile, Limited

    As Myanmar begins a new era with a democratically elected government, many issues of the past confront the new leadership. Among them is press freedom in a country where journalists have been routinely harassed or jailed.
    Video

    Video Taliban Threats Force Messi Fan to Leave Afghanistan

    A young Afghan boy, who recently received autographed shirts and a football from his soccer hero Lionel Messi, has fled his country due to safety concerns. He and his family are now taking refuge in neighboring Pakistan. VOA's Ayaz Gul reports from Islamabad.
    Video

    Video Major Rubbish Burning Experiment Captures Destructive Greenhouse Gases

    The world’s first test to capture environmentally harmful carbon dioxide gases from the fumes of burning rubbish took place recently in Oslo, Norway. The successful experiment at the city's main incinerator plant, showcased a method for capturing most of the carbon dioxide. VOA’s Deborah Block has more.
    Video

    Video EU Visa Block Threatens To Derail EU-Turkey Migrant Deal

    Turkish citizens could soon benefit from visa-free travel to Europe as part of the recent deal between the EU and Ankara to stem the flow of refugees. In return, Turkey has pledged to keep the migrants on Turkish soil and crack down on those who are smuggling them. Brussels is set to publish its latest progress report Wednesday — but as Henry Ridgwell reports from London, many EU lawmakers are threatening to veto the deal over human rights concerns.
    Video

    Video Tensions Rising Ahead of South China Sea Ruling

    As the Philippines awaits an international arbitration ruling on a challenge to China's claims to nearly all of the South China Sea, it is already becoming clear that regardless of which way the decision goes, the dispute is intensifying. VOA’s Bill Ide has more from Beijing.
    Video

    Video Painting Captures President Lincoln Assassination Aftermath

    A newly restored painting captures the moments following President Abraham Lincoln’s assassination in 1865. It was recently unveiled at Ford’s Theatre in Washington, where America’s 16th president was shot. It is the only known painting by an eyewitness that captures the horror of that fateful night. VOA’s Julie Taboh tells us more about the painting and what it took to restore it to its original condition.
    Video

    Video Displaced By War, Syrian Artist Finds Inspiration Abroad

    Saudi-born Syrian painter Mohammad Zaza is among the millions who fled their home for an uncertain future after Syria's civil war broke out. Since fleeing Syria, Zaza has lived in Lebanon, Egypt, Jordan and now Turkey where his latest exhibition, “Earth is Blue like an Orange,” opened in Istanbul. He spoke with VOA about how being displaced by the Syrian civil war has affected the country's artists.

    Special Report

    Adrift The Invisible African Diaspora