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Top diplomats from Japan and China met for bilateral talks Saturday as they try to resolve disputes including China's ban on Japanese seafood that has badly hit Japanese exporters. Kamikawa, who took office in September and met with Wang in person for the first time, said their meeting was “extremely meaningful." ....
Japan’s prime minister said that China’s blanket ban on Japanese seafood in reaction to the release of treated radioactive water from a tsunami-ravaged nuclear power plant contrasts starkly with broad understanding shown by many other members of the international community. The Fukushima Daiichi nuclear power plant on Japan’s northeastern coast started releasing treated and diluted radioactive wastewater in late August into the Pacific Ocean. China immediately banned all Japanese seafood. ....
The weaker yen is making Japan’s import bill worse, from energy to raw materials, amid supply bottlenecks. But there is little Japan can do to make currency markets listen in a global inflationary environment. ....