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, Steven L Herman is the Voice of America Asia correspondent.

You May Like

Elusive Deal With Iran Could Yield Foreign Policy Legacy for Obama

A new Iranian leader -- and a strategic shift by the United States -- opens narrow window for nuclear agreement with Tehran More

Column: Saudi-Iran Meeting Could Boost Fight Against Islamic State

The fact that Iranians and Saudis are talking again does not guarantee a breakthrough, but it could make it easier to build a broad coalition against IS More

Thai Ruler Gives Top Cabinet Posts to Junta Inner Circle

Thailand's army chief has kept an iron grip on power as he extends the government, hand-picking an interim parliament that subsequently nominated him prime minister More

This forum has been closed.
Comment Sorting
Comments page of 2
 Previous    
by: Yoshi from: Sapporo
October 10, 2012 10:38 PM
Concerning the territorial dispute, relevant countries have their own opinions on the basis of their own historical understandings. So, resolution would not be easilly achieved. It's important not to haste to solve the problem, especially for powerful countries with unilateral dominance. Small countries couldn't stand a chance by any power of economy, politics and millitary, if they claim separately. Small countries clashing with pwerful countries need unite and claim and draw some compromise from the opponent.


by: Yoshi from: Sapporo
October 10, 2012 8:26 PM
It seems dissapointing that Chinese government looks like dealing this disputes as a tool of governing Chinese people leading to nationalism uniting them to blind to autocracy with supression of diverse opinion of pro-democratic Chinese people. I'm sure not a few Chinese people are noticed that this kind of government-leading opinion incitement is risky and not benefitial for developement of Chinese democracy.


by: Yosho from: Sapporo
October 10, 2012 8:02 PM
Now, China is a big country in all aspects of economy and politics and humanity. China has got a strong power to make effects on people around the world to live a life in happiness. I'm sure Chinese people acknowledge this fact. They are going to pay attention to their role not only in national benefits but also in international benefits.


by: Saito from: Japan
October 10, 2012 8:59 AM
China should tread very carefully... Japanese nationalism is growing stronger by the day... we can all feel it... this is not good for China... China should consider a catastrophic Japanese reaction...

In Response

by: zhangchao from: china
October 11, 2012 7:19 AM
Diaoyu Island and the adjacent islets have been China's territory since ancient times and China has incontestable historical and legal evidence on this.Nationwide protests erupted in China.Japan should consider the Disastrous consequences,We will pay any price to safeguard sovereignty and territorial integrity

In Response

by: Anonymous
October 11, 2012 6:42 AM
Senkaku is CN since ancient time...LOL. If CN had so all evident to prove it why she did not accept the proposal from JP to resolve the dispute by UN when she has nothing to lose.... LOL.... brainwashed CNese.

In Response

by: neon from: USA
October 11, 2012 1:58 AM
So you basically stated what Chinese people have suspected all along: that Japan is not only unrepentant of events of the past but rather wants to repeat them in the future. So much for pacifism. And BTW, Chinese nationalism against Japan is much more dangerous for the Japanese than the other way around. Go ask a Chinese person about the atomic bombings of Japan. They would probably say "they deserved it"

In Response

by: Jonathan Huang from: canada
October 10, 2012 8:02 PM
@evenlyn tran, Did you mean those goats are inhabited Japanese on Diaoyu island? LOL, you are such a liar, Diaoyu island is an uninhabited island with only few wild goats. BTW, China discovered and administrated this island long before Japan robbed it from China. Any way, the Cairo declaration after WWII already judged that Japan's territory only includes four main islands and other small islands decided by all Victors. So it is clear Japan as a loser has no right to define its territory which only decided by victors including China!

In Response

by: evelyn Tran from: Canada
October 10, 2012 11:34 AM
Senkaku has been of Japan before WWII. When the Japanese inhabited in Senkaku islands, no one inhabited there yet. China is quite greedy, violent and unreasonable. China is trying to use " vague long term history" to claim sovereignty over many islands in the Asian Seas. The Asian countries should unite with and support Japan against new fascist China. Besides army, China is using economic punishment, dirty methods and big population in order to bully, harass and invade the other countries' territories.

In Response

by: WangMinghui from: China
October 10, 2012 11:12 AM
Diaoyu Island and the adjacent islets have been China's territory since ancient times and China has incontestable historical and legal evidence on this.Nationwide protests erupted in China.Japan should consider the Disastrous consequences,We will pay any price to safeguard sovereignty and territorial integrity

Comments page of 2
 Previous    

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
West Africa Ebola Vaccine Trials Possible by Early 2015i
X
Carol Pearson
August 30, 2014 7:14 PM
A U.S. health agency is speeding up clinical trials of a possible vaccine against the deadly Ebola virus that so far has killed more than 1,500 people in West Africa. If successful, the next step would be a larger trial in countries where the outbreak is occurring. VOA's Carol Pearson has more.
Video

Video West Africa Ebola Vaccine Trials Possible by Early 2015

A U.S. health agency is speeding up clinical trials of a possible vaccine against the deadly Ebola virus that so far has killed more than 1,500 people in West Africa. If successful, the next step would be a larger trial in countries where the outbreak is occurring. VOA's Carol Pearson has more.
Video

Video Survivors Commemorate 70th Anniversary of Nazi Liquidation of Jewish Ghetto

When the German Nazi army occupied the Polish city of Lodz in 1939, it marked the beginning of a long nightmare for the Jewish community that once made up one third of the population. Roughly 200,000 people were forced into the Lodz Ghetto. Less than 7,000 survived. As VOA’s Kane Farabaugh reports, some survivors gathered in Chicago on the 70th anniversary of the liquidation of the Lodz Ghetto to remember those who suffered at the hands of the Nazi regime.
Video

Video Cost to Raise Child in US Continues to Rise

The cost of raising a child in the United States continues to rise. In its latest annual report, the U.S. Department of Agriculture says middle income families with a child born in 2013 can expect to spend more than $240,000 before that child turns 18. And sending that child to college more than doubles that amount. VOA’s Deborah Block visited with a couple with one child in Alexandria, Virginia, to learn if the report reflects their lifestyle.
Video

Video Chaotic Afghan Vote Recount Threatens Nation’s Future

Afghanistan’s troubled presidential election continues to be rocked by turmoil as an audit of the ballots drags on. The U.N. says the recount will not be completed before September 10. Observers say repeated disputes and delays are threatening the orderly transfer of power and could have dangerous consequences. VOA correspondent Meredith Buel reports.
Video

Video Ukraine Battles Pro-Russia Rebel Assault

After NATO concluded an emergency meeting to discuss the crisis in eastern Ukraine, the country is struggling to contain heavy fighting near the strategic port of Mariupol, on the Azov Sea. Separatist rebels are trying to capture the city, allegedly with Russian military help, and Ukraine's defense forces are digging in. VOA's Daniel Schearf spoke with analysts about what lies ahead for Ukraine.
Video

Video Growing Business Offers Paint with a Twist of Wine

Two New Orleans area women started a small business seven years ago with one thing in mind: to help their neighbors relieve the stress of coping with a hurricane's aftermath. Today their business, which pairs painting and a little bit of wine, has become one of the fastest growing franchises across the U.S. VOA’s June Soh met the entrepreneurs at their newest franchise location in the Washington suburbs.
Video

Video Ebola Vaccine Trials To Begin Next Week

The National Institutes of Health says it is launching early stage trials of a vaccine to prevent the Ebola virus, which has infected or killed thousands of people across West Africa. The World Health Organization says Ebola could infect more than 20,000 people across the region by the time the outbreak is over. The epidemic has health experts and governments scrambling to prevent more people from becoming infected. Zlatica Hoke has more.
Video

Video Asian Bacteria Threatens Florida Orange Trees

Florida's citrus fruit industry is facing a serious threat from a bacteria carried by the Asian insect called psyllid. The widespread infestation again highlights the danger of transferring non-native species to American soil. VOA’s George Putic reports.
Video

Video Aging Will Reduce Economic Growth Worldwide in Coming Decades

The world is getting older, fast. And as more people retire each year, fewer working-age people will be there to replace them. Bond rating agency Moody’s says that will lead to a decline in household savings; reducing global investments - which in turn, will lead to slower economic growth around the world. But experts say it’s not too late to mitigate the economic impact of the world’s aging populations. Mil Arcega has more.
Video

Video Is West Doing Enough to Tackle Islamic State?

U.S. President Barack Obama has ruled out sending ground troops to Iraq to fight militants of the so-called Islamic State, or ISIS, despite officials in Washington describing the extremist group as the biggest threat the United States has faced in years. Henry Ridgwell reports from London on the growing uncertainty over whether the West’s response to ISIS will be enough to defeat the terrorist threat.
Video

Video Coalition to Fight Islamic State Could Reward Assad

The United States along with European and Mideast allies are considering a broader assault against Islamic State fighters who have spread from Syria into Iraq and risk further destabilizing an already troubled region. But as VOA State Department Correspondent Scott Stearns reports, confronting those militants could end up helping the embattled Syrian President Bashar al-Assad.
Video

Video Made in America Socks Get Toehold in Online Fashion Market

Three young entrepreneurs are hoping to revolutionize the high-end sock industry by introducing all-American creations of their own. And they’re doing most of it the old-fashioned way. VOA’s Julie Taboh recently caught up with them to learn what goes into making their one-of-a-kind socks.
Video

Video Americans, Ex-Pats Send Relief Supplies to West Africa

Health organizations from around the world are sending supplies and specialists to the West African countries that are dealing with the worst Ebola outbreak in history. On a smaller scale, ordinary Americans and African expatriates living in the United States are doing the same. VOA's Carol Pearson reports.

AppleAndroid