Archive for the ‘summit’ Category

China, Japan Cancel Summit: Islands, Oil Remain Sticking Point

March 17, 2009

Japan’s Premier Taro Aso will not visit China this month, Japanese government officials said Tuesday, following earlier reports that Tokyo and Beijing were trying to schedule a summit in March.

“We’ve been coordinating with China to hold the meeting as soon as possible, but we now recognise that realising it in March is difficult,” Chief Cabinet Secretary Takeo Kawamura told reporters.

AFP

No firm dates had been announced by either government, but Japanese officials had told reporters both sides were trying to schedule Aso’s meetings with China’s President Hu Jintao and Premier Wen Jiabao for late March.

The foreign ministry denied a Japanese media report Tuesday that China had postponed the meetings because of anger over Aso’s recent comments on the disputed Senkaku Islands, called the Diaoyu Islands by China.

“Between Japan and China, top government officials have visited each other on five occasions since last year,” an official said. “Foreign Minister (Hirofumi) Nakasone also visited Beijing earlier this month.”

“The relationship between China and Japan is very good right now.”

Aso last month said in parliament that Japan would ask the United States to defend the East China Sea archipelago, which is also claimed by Taiwan, in case of an attack, drawing a sharp rebuke from Beijing.

Aso and China’s leaders are set to attend the April 2 Group of 20 financial summit in London, where they could meet on the sidelines.

Related:
 China Violates Accord with Japan, Continues Oil Work At Sea
.
China Warship Rushes to Disputed Islands, Oil Beneath: Ace To Other Nations’ Claims?


China drill at sea

A file Philippine Air Force photo shows Chinese built structures ... 
A file Philippine Air Force photo shows Chinese built structures on the Mischief Reef in the disputed Spratly islands in the South China Sea. China on Monday defended its move to send a patrol ship to the disputed Spratly islands, saying it was not a violation of an agreement to maintain the peace in the area.(AFP/PAF/HO/File)

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Obama to Ignore European Effort; Push for Global Stimulus at G20

March 9, 2009

The U.S. will press world leaders to boost emergency government spending to lift the global economy, risking a rift with European nations more concerned with revamping financial regulation.

Wall Street Journal

In President Barack Obama’s first foray into economic diplomacy, Washington will urge the shift at a summit next month in London, U.S. officials say, as markets look for a unified plan of action from the world’s most economically powerful nations.

Washington’s focus is at odds with France, Germany and other European nations that want the Group of 20 summit on April 2 to focus on rewriting rules governing financial markets. These nations say lax regulation was a major cause of the financial crisis and want to tighten their grip on hedge funds and private-equity firms.

All sides are looking to avoid a breakdown at the summit that would roil markets…

Read the rest:

http://online.wsj.com/article/SB123
655587029066001.html

Related:
World Bank: Global Trade Drops Most in 80 Years; What’s it Mean For Obama?

NYT Urges Obama To “Bail Out” Third World Too

 Despite Global Economy Downturn, China Still Lending

 World Bank Says Global Economy Will Shrink in ’09

 Obama has little reason to fall in with the G20

http://conservativemeanderings.wordpress.com
/2009/03/09/the-left%E2%80%99s-new-talking
-point-the-327-trillion-stimulus-was-too-small/