Japan-China Discussion Going Pretty Good

Forex News

Taro Aso, Japanese Finance Minister, informed that the ongoing round of financial talks with China is going "extremely good", and that both participants committed to maintain cooperation in macro-economic policies and measures.

Japan is aspiring to bilateral financial cooperation, which would suggest restoring currency swap arrangements and “arranging” a meeting between China’s President Xi Jinping and Japan’s Prime Minister Shinzo Abe. The dialogue was the 7th in two years and China’s stance was similar to the one of Japan.