The shaky global economy needs Japan and China to be fully engaged, the head of the IMF said recently, warning the world could not afford to have the two countries distracted by their bitter territorial dispute.
Speaking to Japanese media ahead of the fund’s annual meeting in Tokyo next week, IMF Managing Director Christine Lagarde said the two had to show a bit of neighborly tolerance for the good of everybody.
“Both China and Japan are key economic drivers that do not want to be distracted by territorial division,” Kyodo News agency quoted Lagarde as saying in Washington, in an interview published yesterday.
China and Japan, the world’s second and third-largest economies, have been at loggerheads for months over the Diaoyutai Islands (釣魚台), in the East China Sea.
Tokyo administers the chain under the name Senkakus, but they are also claimed by Beijing and Taipei.
Chinese government ships regularly venture into waters around the islands, ignoring orders to leave from the Japanese coastguard.
Three such maritime surveillance ships entered territorial waters off the islands for the second straight day yesterday, Japanese coast guards said.
The three ships were off Kubashima islet, but left the immediate area soon after 3pm, the Japanese coast guard said.
The increasing frequency of spats comes ahead of next week’s IMF and World Bank meetings in Tokyo — the world’s largest single gathering of finance officials, bankers and non-government organizations.
Dow Jones Newswires reported on Tuesday that several big Chinese banks had canceled their participation in events connected to the meetings, in what it said was a sign of the row spreading into the economic realm.
Most of the banks have not given a reason for their last-minute pullouts, but one unidentified person was explicit:
“Quite frankly, it’s Japan-China relations,” Dow Jones quoted an official at the Tokyo branch of the Agricultural Bank of China as saying.
In related news, two of the US Navy’s global force aircraft carrier strike groups are currently patroling the Western Pacific within distance of the South and East China Seas, providing “a combat-ready force that protects and defends the collective maritime interest of the United States and its allies and partners,” the US Seventh Fleet said.
US Navy officials said the USS George Washington carrier strike group had begun operating near the East China Sea while the John C. Stennis Strike Group (JCSSG), led by the USS John C. Stennis carrier, is now operating near the South China Sea, also the scene of sovereignty disputes involving China, Taiwan, Vietnam and the Philippines.
US Pacific Command (PACOM) said the JCSSG paid a scheduled port visit at Kota Kinabalu in Sabah, Malaysia, on Sunday. This was the first visit by a US carrier in Sabah, which adjoins the South China Sea.
In addition, the USS Bonhomme Richard forward-deployed amphibious assault ship, with about 2,000 US Marines on board, is said to be operating in the Philippine Sea.
All three carrier battle groups were in joint live-fire exercises with the Japanese Self-Defense Forces last month near Guam.
A PACOM spokesman said the exercises and deployments were not necessarily related to the Diaoyutais dispute.
REACHING OUT: President Tsai expressed condolences to the deceased man’s family and wished a speedy recovery to those who were wounded in the shooting The Formosan Association for Public Affairs (FAPA) on Monday called on the US to label organizations associated with the suspect in the Irvine Taiwanese Presbyterian Church shooting as domestic terrorists, following accusations that he was a member of a group backing unification with ties to the Chinese government. David Wenwei Chou (周文偉), 68, was arrested on Sunday and is being held in lieu of US$1 million bail at the Orange County Intake Release Center over a mass shooting at the California church that left one dead and five wounded. Local police suspect the shooting was politically motivated after they found notes in
LIVING WITH COVID-19: Close contacts with a booster shot would no longer follow the ‘3+4’ policy, instead practicing ‘0+7,’ or self-disease prevention for seven days Close contacts of COVID-19 cases who have received a booster shot no longer need to isolate at home, but should practice seven days of “self-disease prevention,” effective today, the Central Epidemic Command Center (CECC) said yesterday. Minister of Health and Welfare Chen Shih-chung (陳時中), who heads the center, said that starting at 12am today, close contacts — people living in the same household — of those confirmed to be infected with COVID-19 are exempt from home isolation if they have received a booster shot of a COVID-19 vaccine. Data from other countries show that people who have received a booster shot are
‘TOO RESTRICTIVE’: Ending US sales of weapons that do not fall under the category of ‘asymmetric’ would hamper Taiwan’s defense against China, two business groups said Taiwan’s weapons procurement decisions are made based on its needs, and are not influenced by individual arms dealers, the Ministry of National Defense (MND) said yesterday after two US business groups questioned a US official’s comment on arms sales to Taiwan. US Deputy Assistant Secretary of State for Regional Security Mira Resnick told the business groups via video link on Saturday that Washington would adjust the types of weapons sold to Taiwan and end “most arms sales to Taiwan that do not fall under the category of ‘asymmetric.’” The American Chamber of Commerce in Taiwan and the US-Taiwan Business Council on Monday
MANY VOICES: The Formosa Club, 94 Mexican lawmakers, 70 Brazilian lawmakers and others signed a letter recommending Taiwan’s inclusion to the WHO director-general A WHO official on Monday said the organization would begin discussing a motion to restore Taiwan’s observer status in six days’ time, after confirming the receipt of a request from 13 member states to deliberate the matter. Steven Solomon, the WHO principal legal officer, made the comment at a news briefing ahead of the 75th meeting of the World Health Assembly (WHA), the organization’s decisionmaking body in Geneva, Switzerland. The WHA Executive Board would meet in a closed-door session on Sunday evening to advise the member states, which would then meet the next day to determine whether the motion would be entered