China's Li tells S.Korea's Moon to appropriately handle THAAD issue

Pauline Gross
May 13, 2018

South Korean President Moon Jae-in gives a keynote speech at the Korea-China-Japan business summit in Tokyo on May 9, 2018.

Meetings between leaders from both countries can make great strides in ties, and the two countries have agreed to expand cooperation in fields such as finance and trade, Abe said.

He said that China and Japan have broad consensus on achieving the China-Japan-South Korea FTA and the RCEP talks, and Japan is willing to work with China to reach these agreements at an early date.

Qinduo Xu, a senior researcher at the Pangoal Institution.

China is to also donate a pair of crested ibises, which were once extinct in Japan. It was the first time a Chinese premier has met with the emperor since June 2010.

This is the best way to commemorate the signing of China-Japan Treaty of Peace and Friendship, Li told a reception marking the 40th anniversary of the treaty in Tokyo.

He stressed that the creation of the China-Japan-South Korea free trade zone would "benefit not only East Asia, but also [would] have an external effect and stimulate negotiations on regional economic integration between the three countries and ASEAN [Association of Southeast Asian Nations]".

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Abe and Li on Friday attended a forum created to promote exchanges between Japanese and Chinese local authorities.

Combining Japan and China's efforts to promote free trade has "a direct bearing on my business and all those involved in materials production, technology and exports, the lynchpins of our economy", he said.

"There is a danger of a new arrangement in their region in which both Japan and China have an interest without their full participation".

For his part, Yohei Kono, former speaker of the Japanese House of Representatives, said he was amazed by the popularity of new services like bike-sharing, mobile payment and Internet-based delivery during his recent visit to China.

"As Japanese enterprises are suffering a dwindling domestic market, the Chinese market is all the more important to them", it said, citing products like industrial robots sold well in China are where Japan enjoys an advantage.

Oxford University's Mitter warned there were still significant differences remaining between Tokyo and Beijing, putting at risk any real chance of a warmer diplomatic relationship.

China is still a developing country, Li stated frankly.

Other reports by GizPress

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