Arab Today, arab today japans top business lobby pledges better china ties
Last Updated : GMT 14:58:26
Arab Today, arab today
Arab Today, arab today

Japan's top business lobby pledges better China ties

Arab Today, arab today

Arab Today, arab today Japan's top business lobby pledges better China ties

Chairman of Japan's Toray Industries
Tokyo - AFP

The incoming head of Japan's top business lobby wants to play a greater role in helping Tokyo to improve its badly-frayed ties with China, according to interviews published Tuesday.
Sadayuki Sakakibara, who will become the chairman of Keidanren -- the Japan Business Federation later Tuesday -- said the business sector could share environmental technologies to help foster better Japan-China relations.
The 71-year-old chairman of synthetic materials maker Toray said Japan Inc's environmental technologies could help smooth over tense diplomatic ties with its biggest trade partner.
"China really wants (Japanese environmental technologies)," he said, according to the Yomiuri Shimbun newspaper.
"Efforts to improve ties with China and South Korea are among our top priorities," he said, according to the Yomiuri.
Japan's relations with China and South Korea have been badly strained over emotional territorial disputes and bitter memories of Japanese soldiers' violence in Asia before and during World War II.
Those already-chilly diplomatic relationships got colder after the nationalist Shinzo Abe came to power in 2012.
Big business has generally welcomed Abe, with his domestic emphasis on trying to kickstart Japan's slumbering economy.
Keidanren has been a traditional supporter of his long-ruling Liberal Democratic Party.
But relations hit a snag after the organisation's outgoing chief Hiromasa Yonekura criticised Abe's unconventional and aggressive monetary policies as "reckless," shortly before the LDP leader took office in late 2012.
Abe's economic programmes remain controversial, not least because they have added yet more debt onto Japan's staggering pile of IOUs.
However, they have markedly perked up corporate confidence and consumption, driven up Japanese shares and lowered the value of the yen, giving a boost to exporters.
A package of reforms to areas such as employment law and aimed at making life easier for the business community is also expected.
Sakakibara reiterated the lobbying group's call to cut the corporate tax rate to 25 percent, from the top effective rate of 35.64 percent in metropolitan Tokyo, to spur growth, according to the Nikkei.
And he voiced support for tentative government plans to raise consumption tax to 10 percent in October 2015, as scheduled, major media said.
The tax went up from five percent to eight percent in April, to cheers from economists who said it was desperately needed if Japan was to get its fiscal house in order.
Abe has given himself until the end of this year to decide whether to raise the tax to 10 percent.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japans top business lobby pledges better china ties Arab Today, arab today japans top business lobby pledges better china ties

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom,China plunges into biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom,China plunges into biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues

GMT 05:34 2017 Monday ,27 February

Brexit sows seeds of doubt for British farmers

GMT 06:38 2017 Sunday ,26 February

US rig count increases

GMT 06:01 2017 Sunday ,26 February

BRIC funds see inflows amid emerging equity boom

GMT 05:43 2017 Sunday ,26 February

Al-Gergawi quits Dubai Holding to focus on govt role

GMT 05:14 2017 Sunday ,26 February

Oil prices to average $50-$70 through 2022

GMT 14:44 2017 Saturday ,25 February

China overtakes US as Germany’s top trade partner
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday