Japanese companies in China hope for Xi-Abe meeting

Shanghai

ALL it would take is a handshake: China's president and Japan's prime minister greet each other cordially for a bilateral meeting at an Asia-Pacific leaders' summit, and from there deals are approved, consents are granted, and doing business starts looking a little more straightforward.

That is the hope of the Japanese business community in China, including Bank of Tokyo-Mitsubishi UFJ (BTMU), according to Hidekazu Horikoshi, the China head of Japan's biggest lender, which counts around 8,000 Japanese firms in China as clients.