China, Japan pledge financial cooperation
February 19th, 2012 - 6:38 pm ICT by IANSBeijing, Feb 19 (IANS) China and Japan Sunday pledged to boost financial cooperation as the global economic situation remains “complex and grim”.
“Financial cooperation is a major part of the economic cooperation between China and Japan,” said Chinese Vice Premier Wang Qishan after meeting with visiting Japanese Finance Minister Jun Azumi.
Wang said he hoped the two economies would step up communication to deepen financial cooperation, and carry out research actively in settlement of trade and investment in local currencies to develop their financial markets in a healthy and stable way.
“As the current world economic situation remains very complex and grim, it’s a priority task for all the countries to secure the recovery of the global economy,” Xinhua quoted Wang as saying.
Azumi told Wang that Japan is working hard to tackle deflation and fiscal deficit.
- China, US pledge to advance economic recovery - Jan 11, 2012
- Japan's exports fall in November - Dec 21, 2011
- Unbalanced recovery better than balanced recession: China - Nov 21, 2011
- Japan's exports fell in October - Nov 21, 2011
- China seeks expanded trade with Brazil - Feb 14, 2012
- Emerging economies fail to get greater voice in governance - Oct 10, 2010
- Clinton in Beijing for strategic, economic dialogue - May 02, 2012
- BRICS seeks revamp in global monetary system (Roundup) - Apr 14, 2011
- Japanese PM vows to combat yen's rise - Oct 28, 2011
- BRICS countries' ministers hold meeting - Apr 13, 2011
- White House statement on bilateral meeting with President Hu of China - Apr 01, 2009
- Manmohan Singh cautions BRICS nations not to be complacent - Apr 14, 2011
- Emerging economies spur global recovery: IMF - Feb 24, 2011
- India, other emerging economies to make for half of global growth - May 17, 2011
- IMF monitoring to avert future financial crisis - Apr 17, 2011
Tags: azumi, beijing, china japan, chinese vice, currencies, economic cooperation, finance minister, financial cooperation, financial markets, fiscal deficit, global economic situation, global economy, japanese finance, pledge, priority task, wang qishan, world economic situation, xinhua