Business and Political News from China and Southeast Asia
China, Japan hold bilateral talks
The world’s number two and three economies Japan and China met Sunday in a rare show of bilateral cooperation to boost global economic lag. The two rivaling countries agreed to cooperate in 11 areas including agriculture, environment, technology, aid and energy saving policies. China and Japan will jointly launch aid assistance programs to developing countries, and both countries pledged to curb Intellectual Property violations. They will also seek a US leadership role in global trade liberalization talks. This could take place as soon as next month, when the three countries plan to hold the first trilateral policy dialogue on the Asia situation, as well as larger global issues.
Japan, China vow to promote world economic recovery, Kyodo News
China, Japan seek closer cooperation on various economic, trade issues, Xinhua