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Japan and China to lead world economic recovery

Japan and China to lead world economic recovery  article image

Japan and China, the world's number two and three economies respectively, have agreed to address world economic problems through cooperation. They started by urging the international community to resume talks to free global trade. "On the global economic and financial crisis, both countries agreed to implement what was agreed at the London summit swiftly and in a solid manner in order to realise the global economic recovery as soon as possible," said Hirofumi Nakasone, the Japanese Foreign Minister. "Both sides underline the need to assume a consistent and responsible attitude to step up regional and international economic and financial cooperation," added China's Vice Premier Wang Qishan. The pledge comes following the second Japan-China High-Level Economic Dialogue. Nakasone also spoke out against protectionism, saying both countries would "co-operate in domestic economic measures, in actively supporting developing countries in Asia through international financial institutions, and in preventing protectionism".

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