China, Japan finance ministers likely to talk AIIB at June meeting
While Tokyo says there's no change to its position on the China- led development bank, meet could allow exchange of views
Tokyo
THE China-led Asian Infrastructure Investment Bank is likely to figure large in June talks planned between China's finance minister Lou Jiwei and his Japanese counterpart Taro Aso in Beijing - the first such meeting in three years - opening the way for cooperation on the AIIB between Asia's two major economic powers.
The meeting could provide a face-saving way for Tokyo to exchange views with Beijing on the AIIB without being seen as "climbing down" from its very public stance of declining membership of the institution up to now, analysts said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Indonesia central bank sees no need for more rate hikes
Thai business lobby joins rate cut call as it trims GDP forecast
Malaysia eyes ‘orangutan diplomacy’ with nations that import palm oil
Malaysia to assess response to unilateral sanctions amid concern over Iran oil shipments
Trade between Singapore and Asean was at S$295.6 billion in 2023
UK passport control hit by outage, causing long waits at airports