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

    Video Rubio Looks to Surge in New Hampshire

    Republican presidential candidate has moved into second place in several recent surveys and appears to be gaining ground on longtime frontrunner Donald Trump

    UN Calls for Global Ban on Female Genital Mutilation

    Recent UNICEF report finds at least 200 million girls and women alive today have undergone female genital mutilation in 30 countries

    UN Pilots New Peace Approach in CAR

    Approach launched in northern town of Kaga Bandoro, where former combatants of mainly Muslim Seleka armed group and Christian and animist anti-Balaka movement are being paid to do community work

    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.
    German Artists to Memorialize Refugees With Life Jacket Exhibiti
    X
    Hamada Elsaram
    February 05, 2016 4:30 PM
    Sold in every kind of shop in some Turkish port towns, life jackets have become a symbol of the refugee crisis that brought a million people to Europe in 2015.  On the shores of Lesbos, Greece, German artists collect discarded life jackets as they prepare an art installation they plan to display in Germany.  For VOA, Hamada Elrasam has this report from Lesbos, Greece.
    Video

    Video German Artists to Memorialize Refugees With Life Jacket Exhibit

    Sold in every kind of shop in some Turkish port towns, life jackets have become a symbol of the refugee crisis that brought a million people to Europe in 2015.  On the shores of Lesbos, Greece, German artists collect discarded life jackets as they prepare an art installation they plan to display in Germany.  For VOA, Hamada Elrasam has this report from Lesbos, Greece.
    Video

    Video E-readers Help Ease Africa's Book Shortage

    Millions of people in Africa can't read, and there's a chronic shortage of books. A non-profit organization called Worldreader is trying to help change all that one e-reader at a time. VOA’s Deborah Block tells us about a girls' school in Nairobi, Kenya where Worldreader is making a difference.
    Video

    Video Genius Lets World Share Its Knowledge

    Inspired by crowdsourcing companies like Wikipedia, Genius allows anyone to edit anything on the web, using its web annotation tool
    Video

    Video Former Drug CEO Martin Shkreli Angers US Lawmakers

    A former U.S. pharmaceutical business executive has angered lawmakers by refusing to explain why he raised the price of a life-saving pill by 5,000 percent. Martin Shkreli was removed from a congressional hearing on Thursday after citing his Fifth Amendment right to stay silent. Zlatica Hoke has more.
    Video

    Video Super Bowl TV Commercials are Super Business for Advertisers

    The Super Bowl, the championship clash between the two top teams in American Football, is the most-watched sporting event of the year, and advertisers are lining up and paying big bucks to get their commercials on the air. In fact, the TV commercials during the Super Bowl have become one of the most anticipated and popular features of the event. VOA's Brian Allen has a sneak peek of what you can expect to see when the big game goes to commercial break, and the real entertainment begins.
    Video

    Video In Philippines, Mixed Feelings About Greater US Military Presence

    In the Philippines, some who will be directly affected by a recent Supreme Court decision clearing the way for more United States troop visits are having mixed reactions.  The increased rotations come at a time when the Philippines is trying to build up its military in the face of growing maritime assertiveness from China.  From Bahile, Palawan on the coast of the South China Sea, Simone Orendain has this story.
    Video

    Video Microcephaly's Connection to Zika: Guilty Until Proven Innocent

    The Zika virus rarely causes problems for the people who get it, but it seems to be having a devastating impact on babies whose mothers are infected with Zika. VOA's Carol Pearson has more.
    Video

    Video Solar Innovation Provides Cheap, Clean Energy to Kenya Residents

    In Kenya, a company called M-Kopa Solar is providing clean energy to more than 300,000 homes across East Africa by allowing customers to "pay-as-you-go" via their cell phones. As Lenny Ruvaga reports from Kangemi, customers pay a small deposit for a solar unit and then pay less than a dollar a day to get clean energy to light up their homes or businesses.
    Video

    Video Stunning Artworks Attract Record Crowds, Thanks to Social Media

    A new exhibit at the oldest art museum in America is shattering attendance records. Thousands of visitors are lining up to see nine giant works of art that have gotten a much-deserved shot of viral marketing. The 150-year-old Smithsonian American Art Museum has never had a response quite like this. VOA's Julie Taboh reports.
    Video

    Video Apprenticeships Put Americans on Path Back to Work

    Trying to get more people into the U.S. workforce, the Obama administration last year announced $175 million in grants towards apprenticeship programs. VOA White House correspondent Aru Pande went inside one training center outside of Washington that has gained national recognition for helping put people on the path to employment.
    Video

    Video New Material May Reduce Concussion Effects

    As the 2016 National Football League season reaches its summit at the Super Bowl this coming Sunday (2/7), scientists are trying to learn how to more effectively protect football players from dangerous and damaging concussions. Researchers at Cardiff and Cambridge Universities say their origami-based material may solve the problem. VOA’s George Putic reports.
    Video

    Video Saudi Arabian Women's Sports Chip Away at Stereotypes

    Saudi Arabian female athletes say that sports are on the front line of busting traditions that quash women’s voices, both locally and internationally. In their hometown of Jeddah, a group of basketball players say that by connecting sports to health issues, they are encouraging women and girls to get out of their homes and participate in public life. VOA’s Heather Murdock reports.
    Video

    Video A Year Later, Fortunes Mixed for Syrians Forging New Lives in Berlin

    In April of last year, VOA followed the progress of six young Syrian refugees -- four brothers and their two friends -- as they made their way from Libya to Italy by boat, and eventually to Germany. Reporter Henry Ridgwell caught up with the refugees again in Berlin, as they struggle to forge new lives amid the turmoil of Europe's refugee crisis.
    Video

    Video Zika Virus May be Hard to Stop

    With the Zika virus spreading rapidly, the World Health Organization Monday declared Zika a global health emergency. As Alberto Pimienta reports, for many governments and experts, the worst is yet to come.