China and Japan seek warmer ties in the context of US trade friction UU
China and Japan seek warmer ties in the context of US trade friction UU
TOKYO (Reuters) - Japan's prime minister travels to Beijing on Thursday for his first formal bilateral summit with Chinese leaders in seven years, while Asian rivals try to develop a thaw in relations in a context of trade friction with Washington.
China has increased its reach to Japan and other countries, as it has closed its horns on trade with the United States.
Japan, concerned about China's growing naval power, is interested in maintaining economic ties with its largest trading partner. It must manage that approach without bothering its key security partner, the United States, with which it has its own commercial problems.
Prime Minister Shinzo Abe, who returned to power in 2012 when the Sino-Japanese ties were shattered by a dispute over the islands of the East China Sea, has met many times with Chinese President Xi Jinping since his first cold conversation in 2014, on the margin of a regional event. summit in beijing.
But his meeting with Xi on Friday will be the first large-scale Sino-Japanese summit since 2011.
"Through this visit, I want to elevate relations between the two countries to a new level," Abe said before his departure.
Abe will meet with Prime Minister Li Keqiang on Thursday and will attend a reception to mark the 40th anniversary of a peace and friendship treaty. Both parties expect more visits to continue.
"If Xi promises to come to Japan next year, it would be very big," said Kiyoyuki Seguchi, research director of the Canon Institute for Global Studies in Tokyo.
"If that is done, the improvement in Japan-China relations will accelerate."
A large number of agreements are expected, from a currency exchange agreement and a new dialogue on innovation and protection of intellectual property for better communication among its military.
Japan also hopes to move towards the implementation of a 2008 agreement on the joint development of gas fields in disputed waters, and wants China to reduce the import limits of products from the areas affected by the Fukushima nuclear disaster in 2011.
A business forum on private sector cooperation in third countries is expected to produce some 50 non-binding agreements, including one on a project in Thailand, a Japanese government source said.
China may be waiting for Abe to make a positive statement about its Belt and Road initiative, a vehicle to finance and build transport and trade links in more than 60 countries.
"STRATEGIC OBJECTIVES"
The Belt and Road project has been criticized for charging poor nations with debts through large projects that are not economically viable. China rejects criticism.
Japan's participation could help the image of the initiative and dispel the fears of debtor nations, officials say.
But Japanese defense officials distrust its military implications, and Tokyo is driving its Free and Open Pacific Strategy to promote trade and infrastructure in Asia, Africa and the Middle East.
Japan also wants to ensure that joint projects with China are transparent, open and fiscally sound, officials said.
"We are ready to discuss tangible cooperation in third countries, but ... we believe we do not need to label this cooperation with any" initiative, "said a Japanese foreign ministry official.
In a symbol of China's economic growth, Japanese Foreign Minister Taro Kono said this week that Japan was ending its development assistance to China, after stopping most of the aid more than a decade ago. Instead, they will look for ways to help others.
Despite the thaw, distrust persists.
The history of the war remains difficult, with China complaining often that Japan has not fully repaired for its occupation of parts of China before and during World War II.
Japan distrusts China's military spending and its dominance of the South China Sea, through which much of Japan's trade flows.
A recent survey showed that 86 percent of Japanese had a "bad image" of China.
"Abe will try to develop relationships," said Akio Takahara, a specialist in China at the University of Tokyo.
"But at the end of the day, if the strategic objectives are different, we can not establish a stable relationship."
Report from Linda Sieg; Edition by Robert Birsel
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