China, Japan resume financial talks after 8-year hiatus

Japan China to improve 3rd-nation infrastructure

Japan China to improve 3rd-nation infrastructure

"In these eight years, both nations as well as the economic conditions surrounding them have changed greatly, even as our regional economic roles have increased", Kono said at the start of Monday's discussions, noting a need for a reset of their often-fraught bilateral ties.

The Chinese language aspect was led by Overseas Minister Wang Yi, the primary go to by a Chinese language global minister for bilateral talks since 2009.

Japan and China hold their first high-level economic dialogue in nearly eight years on Monday against a backdrop of trade threats from the U.S.

While ties between Tokyo and Beijing have a troubled history, relations seem to have strengthened following Japanese Prime Minister Shinzo Abe's diplomatic visit in January. "We agreed to fully improve the bilateral relations through exchanges of the leaders. with Premier Li's visit at the time of the trilateral talks as the starting step", Kono told reporters.

The visit by Wang, a veteran Japan handler who had served as an ambassador to Tokyo, comes as the world's second and third largest economies attempt to ease tension, caused by longstanding disputes over maritime claims and Japan's wartime legacy.

But Tokyo is eager to get the relationship back on firmer footing, especially as it fears being shut out of negotiations on North Korea's nuclear programme in which Beijing is likely to be a major player.

"Since a year ago, Japan has, in relations with China, displayed a positive message and friendly attitude", Wang said at the meeting, adding that he hoped that the visit would help the two countries move towards better ties.

South Korea's Moon and US President are also preparing for separate, direct talks with Kim, leaving Abe to continue asserting a "maximum pressure" campaign against the North.

China has replaced the U.S.as the number one trading partner for most nations in Asia, even those that have military alliances with the USA, like South Korea, Japan and Australia.

"We would like to co-operate further towards the common goal between Japan and China, of establishing a complete, irreversible and verifiable denuclearization of North Korea", Kono said as the two began talks in Tokyo.

Abe, who is due to meet with Trump in Florida on Tuesday to discuss North Korea, may also meet with Wang.

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