Study of English

December 10, 2007

Japan asks China for correction of joint statement on yuan

Filed under: Corea(Korea),Japan,Taiwan — Sei-no-Syounagon @ 8:42 am
Tags: , , , , ,

Japan asks China for correction of joint statement on yuan

The ” C’s ” are liar, and they are untrustworthy.

From Japan Times.

Monday, Dec. 10, 2007
Japan asks China for correction of joint statement on yuan
Kyodo News
China released a unilaterally rewritten Chinese-language version of a joint document issued with Japan on the occasion of a recent ministerial economic dialogue in Beijing after both nations agreed on its content and Tokyo wants the version corrected, Foreign Minister Masahiko Komura and a diplomatic source of the two countries said Sunday.

Portions deleted from the joint document, which was released by the Chinese after the first Japan-China High-Level Economic Dialogue in Beijing on Dec. 1, included a phrase in which Japan expressed hope for China’s efforts to revalue the yuan.

“I think there were some slip-ups and this is why (some parts) were dropped,” Komura told reporters, referring to the initially agreed-upon text that cited the yuan.

The Beijing meeting took place under a new dialogue framework set up to enhance mutually beneficial economic ties. Six Cabinet members from Tokyo participated and China was represented by Vice Premier Zeng Peiyan and other ministers.

Tokyo released the full text of the document in Japanese to reporters in Beijing on Dec. 1, while China sent out its version on Dec. 3 and posted it on the Web site of China’s Commerce Ministry.

Japan, China vow cooperation The Japanese Embassy in Beijing, however, learned later that the Chinese-language text differed from the agreed-upon statement and that sections referring to Japanese hopes for the yuan’s appreciation and the importance of China’s participation in the Energy Charter Treaty had been deleted.

A senior Japanese Foreign Ministry official said, “The yuan issue has been bothering China so it might have avoided putting that issue in writing,” but added that the ministry has not yet confirmed if the deletion was intentional.

The United States and European nations have repeatedly urged China to adopt a more flexible currency regime, arguing that the yuan is being held artificially low, giving Chinese exports an unfair advantage in world markets.

China remains an observer nation of the Energy Charter Treaty, which stipulates international rules on matters such as energy trade liberalization.

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