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

    UN Observes International Day of Peacekeepers

    The U.N. honors 3,400 peacekeepers killed since first mission in 1948

    Video Rolling Thunder Tribute to US Military Turns into a Trump Rally

    Half-million motorcycles are expected to rumble Sunday afternoon from Pentagon to Vietnam War Memorial for rally in event group calls Ride for Freedom

    The Struggle With Painkillers: Treating Pain Without Feeding Addiction

    'Wonder drug' pain medications have turned out to be major problem: not only do they run high risk of addicting the user, but they can actually make patients' chronic pain worse, US CDC says

    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.
    Chinese-Americans Heart Trump, Bucking National Trendi
    X
    May 27, 2016 5:57 AM
    A new study conducted by three Asian-American organizations shows there are three times as many Democrats as there are Republicans among Asian-American voters, and they favor Hillary Clinton over Donald Trump. But one group, called Chinese-Americans For Trump, is going against the tide and strongly supports the business tycoon. VOA’s Elizabeth Lee caught up with them at a Trump rally and reports from Anaheim, California.
    Video

    Video Chinese-Americans Heart Trump, Bucking National Trend

    A new study conducted by three Asian-American organizations shows there are three times as many Democrats as there are Republicans among Asian-American voters, and they favor Hillary Clinton over Donald Trump. But one group, called Chinese-Americans For Trump, is going against the tide and strongly supports the business tycoon. VOA’s Elizabeth Lee caught up with them at a Trump rally and reports from Anaheim, California.
    Video

    Video Reactions to Trump's Success Polarized Abroad

    What seemed impossible less than a year ago is now almost a certainty. New York real estate mogul Donald Trump has won the number of delegates needed to secure the Republican presidential nomination. The prospect has sparked as much controversy abroad as it has in the United States. Zlatica Hoke has more.
    Video

    Video Drawings by Children in Hiroshima Show Hope and Peace

    On Friday, President Barack Obama will visit Hiroshima, Japan, the first American president to do so while in office. In August 1945, the United States dropped an atomic bomb on the city to force Japan's surrender in World War II. Although their city lay in ruins, some Hiroshima schoolchildren drew pictures of hope and peace. The former students and their drawings are now part of a documentary called “Pictures from a Hiroshima Schoolyard.” VOA's Deborah Block has the story.
    Video

    Video Vietnamese Rapper Performs for Obama

    A prominent young Vietnamese artist told President Obama said she faced roadblocks as a woman rapper, and asked the president about government support for the arts. He asked her to rap, and he even offered to provide a base beat for her. Watch what happened.
    Video

    Video Roots Run Deep for Tunisia's Dwindling Jewish Community

    This week, hundreds of Jewish pilgrims are defying terrorist threats to celebrate an ancient religious festival on the Tunisian island of Djerba. The festivities cast a spotlight on North Africa's once-vibrant Jewish population that has all but died out in recent decades. Despite rising threats of militant Islam and the country's battered economy, one of the Arab world's last Jewish communities is staying put and nurturing a new generation. VOA’s Lisa Bryant reports.
    Video

    Video Meet Your New Co-Worker: The Robot

    Increasing numbers of robots are joining the workforce, as companies scale back and more processes become automated. The latest robots are flexible and collaborative, built to work alongside humans as opposed to replacing them. VOA’s Tina Trinh looks at the next generation of automated employees helping out their human colleagues.
    Video

    Video Wheelchair Technology in Tune With Times

    Technologies for the disabled, including wheelchair technology, are advancing just as quickly as everything else in the digital age. Two new advances in wheelchairs offer improved control and a more comfortable fit. VOA's George Putic reports.
    Video

    Video Baby Boxes Offer Safe Haven for Unwanted Children

    No one knows exactly how many babies are abandoned worldwide each year. The statistic is a difficult one to determine because it is illegal in most places. Therefore unwanted babies are often hidden and left to die. But as Erika Celeste reports from Woodburn, Indiana, a new program hopes to make surrendering infants safer for everyone.
    Video

    Video California Celebration Showcases Local Wines, Balloons

    Communities in the U.S. often hold festivals to show what makes them special. In California, for example, farmers near Fresno celebrate their figs and those around Gilmore showcase their garlic. Mike O'Sullivan reports that the wine-producing region of Temecula offers local vintages in an annual festival where rides on hot-air balloons add to the excitement.
    Video

    Video US Elementary School Offers Living Science Lessons

    Zero is not a good score on a test at school. But Discovery Elementary is proud of its “net zero” rating. Net zero describes a building in which the amount of energy provided by on-site renewable sources equals the amount of energy the building uses. As Faiza Elmasry tells us, the innovative features in the building turn the school into a teaching tool, where kids can't help but learn about science and sustainability. Faith Lapidus narrates.

    Special Report

    Adrift The Invisible African Diaspora