Japan and China are expected to discuss reinstating their currency swap pact at their financial dialogue to be held in Beijing on Friday, informed sources said Tuesday.
The two countries will also exchange opinions on the intensifying trade row between the United States and China, the sources said.
The Japan-China financial dialogue will be the first since May 2017. The upcoming talks will be attended by Japanese Finance Minister Taro Aso and his Chinese counterpart, Liu Kun, among other participants.
The meeting is apparently intended to lay the groundwork as well for a summit between Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping that may take place in October.
In their talks held in Tokyo in May, Abe and Chinese Premier Li Keqiang agreed to bring back the two countries' currency swap pact at an early date.
Japan recorded its biggest trade deficit in almost five years in January, extending its run of red ink to a fourth month as exports to China tumbled.
(NHK)
A comprehensive free trade deal between Japan and the European Union has come into force. The pact will eventually remove tariffs on more than 90 percent of imports from both sides and liberalize rules in a broad spectrum of fields.
(NHK)
Whatever your stance, Brexit has and will continue to raise questions than answers as we move closer to the March 29, 2019, deadline. With the future of Britain and Europe only slightly clearer now than it was two years ago, political leaders are scrambling for position ahead of the forthcoming split. (newsonjapan.com)
To mark the ascension of Japan's new emperor, the government has declared an unprecedented 10-day holiday from late April to early May, worrying investors, who say a market shutdown could cause disruption and unsettle the yen. (Japan Today)
The Bank of Japan has given a glimpse into the dark days it faced following the 2008 collapse of Lehman Brothers. Officials released the minutes from their meetings after the crash.
(NHK)
The Comprehensive and Progressive Trans-Pacific Partnership (TPP-11), a trade pact among 11 Pacific Rim nations, officially opened its doors to new members on Saturday in a move aimed at bolstering free trade at a time when the U.S. and China remain locked in a trade war.
(Nikkei)
Overseas dependents of foreigners working in Japan would no longer be covered by medical insurance come 2020 under a legislative proposal that seeks to restrain ballooning health care costs. (Nikkei)