Japan, China Execs Vow to Unite on Commerce

Jun 6, 2014News

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(Photo Credit: Kazuhiro Nogi/AFP/Getty Images)

(BGF) – The Japan Times has reported that Chinese and Japanese business leaders have vowed to continue holding dialogues in order to “deepen mutual understanding…so as to contribute to the prosperity and peace of the Asian economy and society.” Cooperation and communication between the business communities in Japan and China is critical given the diplomatic tensions between the countries due to their territorial dispute over the Senkaku/Diaoyu Islands and Japan’s actions during World War II. Click here to read the full article or visit The Japan Times‘ website.

Japan, China Execs Vow to Unite on Commerce

The Japan Times

Business leaders from Japan and China have pledged to keep the lines of communication open despite diplomatic friction over the Senkaku Islands and conflicting perceptions of wartime history.

“Relations between China and Japan are in a state to be very concerned,” Charles Yin, founder of the China-Japan Asia CEO Forum, said Wednesday. “So I thought economic leaders need to stand up and hold dialogues to deepen mutual understanding and communicate with each other so as to contribute to the prosperity and peace of the Asian economy and society.”

Yin, who is also executive chairman of the Chinese investment and advisory firm Worldwide City Holdings, was speaking at a news conference in Tokyo after the forum’s first meeting in about three years.

The event, which began in 2009, was not held on a large scale the previous two years due to the souring of bilateral ties.

Yasuchika Hasegawa, co-chairman of the forum and president and CEO of Takeda Pharmaceutical Co., said commerce can be of help in tough political times.

“It would be desirable if both (Japan and China) can hold dialogue more freely on a political front. But when there is no such chance, continuing business cooperation is so beneficial,” he said.

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