Selfrestraint in the handling of the dispute. Chinese foreign minister wang yi spoke with reporters after the meeting. Translator dont inflame the South China Sea issue. My country doesnt approve of other nations trying to find fault with it. U. S. Secretary of state john kerry is to attend wednesdays talks. It remains to be seen whether washington will maintain its tough stance toward china over the territorial issues ahead of chinese president xi jinpings state visit to the u. S. Next month. Npzjapanese officials are asking for a meeting and asking for a swift report into the outcome of an investigation into the fate of japanese abductees and others missing in north korea. Japans foreign minister is to attend a series of meetings on thursday. A government source says talks are being arranged between Fumio Kishida and ri su yong. He is said to have direct access to kim jongun. Kishida is to convey japans request to kim. They told japan last month that theyll postpone the report on the
Of the European Council donald task that the sovereignty of gibraltar is not up for negotiation during the brexit talks. Lets cross over life to singapore for the latest business news. Face to face for the first time, as xijinping and face to face for the first time, as xi jinping and donald face to face for the first time, as xijinping and donald trump meet in mar a lago. And we look at how a Government Crackdown in india is affecting the Worlds Largest exporter of buffalo meat. Welcome to Asia Business report. The chinese president has arrived in the United States for a meeting with his counterpart president donald trump. Mrtrump is counterpart president donald trump. Mr trump is hosting xijinping at his mar a lago resort in florida. The meeting today is the very first time they are talking in person. Theres lots to discuss. Security, are both men in agreement on how to handle north korea . And on. Can these dealmakers avert a potential trade war . Joining us with some a nswe is we t
Treatment from the government. And taking a traditional taste to the world. One companys promoting an essential ingredient of japanese cuisine. But must overcome unique challenges in overseas markets. There was a large power outage in tokyo on wednesday afternoon. Tokyo electric Power Company said at one point about 350 households were affected. The utility says a fire broke out at one of its facilities near tokyo. An underground cable was damaged. Its investigating whether the fire caused the outage. No injuries were reported. About 200 Traffic Signals were not working and officers were deployed to direct traffic. Some people were trapped in elevators. Government offices in central tokyo were also affected. The Tokyo High Court an District Court were without power for about 30 minutes. Official s had to reschedule soe of the trials. Hanada was in a meeting. They looked surprised but continued talking. Former chinese soldiers have staged a protest in beijing. Many are unhappy with the
London. Im francine lacqua. Im manus cranny. The chinese premier says the country still has the policy tools to deal with pressures on growth. He announced that china will open up its onshore currency markets to foreign Central Banks. He spoke at the World Economic forum. Were integrating ourselves into the wider world, and china will open up even more. Our policy of investing abroad will remain unchanged. These specific policies will continue to encourage more Foreign Investment in china, and they will expand access to markets. Francine the speech came as china reported the fastest Consumer Price growth in a year. That will compound challenges to policymakers. Lets cross live to our beijing bureau chief. Did he map out a plan to jumpstart the economy . Nick there were no specific proposals this time around. What you heard more was the voice of reassurance. There has been so much uncertainty in the last few weeks about the governments intention to valuing the yuan and how it would resp
Impact of a consumption tax hike last april is receding, still they believe the pace of recovery remains modest. That i say consumers are not loosening their Purse Strings and Business Owners are cautious about spending money on facilities. Executives at Toyota Motors say the groups operating profit for fiscal 2014 hit a record high and theyre forecasting a Third Straight record profit in fiscal 2015. Toyota had an operating profit of about 22. 9 billion in the Business Year that ended in march. Thats up 20 in yen terns compared to the previous year. Sales in japan declined after a buying spree ahead of the consumption tax hike in april last year but sales in the United States and europe increased and the weaker yen pushed up profits. Looking ahead, toyota executives project operating profit for the current fiscal year at about 23. 3 billion. They expect strong sales in the u. S. And they also plan more costcutting measures. Toyota executives are targeting global sales of just over 10