China and Japan plan trade and investment talks in Beijing in spring
- High-level dialogue to build on promise of ‘new era’ in economic relations between the two countries
- Hopes that closer ties can counteract US ‘America first’ policies
A high-level delegation from Japan could be in Beijing as early as the spring for talks on trade and investment issues.
Sources said on Sunday that the Japanese and Chinese governments were considering the high-level economic dialogue to improve ties based on a “new era” of relations, agreed to by Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping during their October meeting in Beijing.
In October, Chinese Premier Li Keqiang told Abe that he hoped to achieve “win-win outcomes” by developing ties in a stable manner, especially through economic and trade cooperation.
Tokyo and Beijing are expected to discuss ways to promote free trade and maintain the multilateral trading system, at a time when US President Donald Trump is pursuing “America first” policies.
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The two countries will also discuss cooperation on advanced technologies.
Other agenda items would include cooperation on infrastructure development in third countries while taking into account their fiscal health.