The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Royal palaces in Seoul offer free access during Chuseok holiday

  • 3

    Korean Baek In-chul wins stunning swimming gold

  • 5

    Travis King in US custody after expulsion by N. Korea: Washington officials

  • 7

    American soldier who crossed into North Korea arrives back in the US, video appears to show

  • 9

    Korea wins gold in League of Legends competition; Faker tops podium

  • 11

    Blinken to release Chuseok message for S. Koreans for 3rd year

  • 13

    Over 2,200 aging applicants for reunions of separated families died this year: gov't data

  • 15

    Daejeon hosts 14th int'l play festival

  • 17

    Korea claims third consecutive gold in men's team sabre fencing

  • 19

    S. Korea elected as IAEA board member for 2023-25

  • 2

    INTERVIEWRisk-averse culture is forcing daring creators to flee showbiz

  • 4

    Koreans adapt to soaring food prices

  • 6

    Education ministry prohibits parents from recording classes

  • 8

    BTS' Jungkook to drop 2nd solo single

  • 10

    Drug offenders using dark web increasing rapidly: report

  • 12

    BOK likely to stand pat again next month on Fed's rate freeze, slowdown

  • 14

    1st gold in Hangzhou leaves N. Korean shooters in tears

  • 16

    N. Korea stipulates nuclear force-building policy in constitution

  • 18

    China launches first cross-sea bullet train line near Taiwan Strait

  • 20

    Kim Woo-min snatches gold in freestyle swimming

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
Sat, September 30, 2023 | 19:29
Times Forum
China-Japan ties
Posted : 2019-01-11 18:31
Updated : 2019-01-11 19:17
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link

Dr. Ahmad Rashid Malik

Improving ties between China and Japan are in the interest of both countries. Behind deep mistrust, the relations need a new impetus to be motivated. These biggest economies ―the second- andthird-largest ― need to cooperate rather than compete.

They must look for a good relationship to significantly uplift Asian prosperity. Both countries faces short- and long-term issues and mutually they could overcome these difficulties no matter how difficult they may be.

Recently, both countries signed a $29 billion currency swap agreement aimed at enhancing their financial outlook. Amid trade tensions with Washington, the two signed over 500 business deals at a value of more than $2.6 billion, ranging from infrastructure, energy and car projects to the currency swap pact.

Their ties have moved from competition to collaboration. Both nations have proved they need to be friends and avoid any kind of controversy. Wartime history, territorial disputes in the East China Sea, deep-rooted distrust and hostility, regional competition and the U.S.-Japan military alliance are serious threats to their mutual ties and both nations are careful of that.

In fact their relations were much deteriorated after 2010 than at any time in the recen past. Relations were improved during 1970 and until 2010 Prime Minister Shinzo Abe has seen the ups and downs of this relationship and looks more careful at this time. "China and Japan are neighbors and partners, and we will not be a threat to each other," Abe said.

They also signed more than 50 agreements to work together on infrastructure development in Asia, proof of a Japanese commitment to partner on the Belt and Road Initiative (BRI). As U.S. President Donald Trump has waged a trade war against China, Tokyo has become an essential trading partner of Beijing. Japan possesses sophisticated technology to pass on to China in a competing manner under any trade agreement.

China is a huge emerging market and Japan can play a significant role in it. To some extent, Japan could replace the dependency on the United States. The United States has been withdrawing from many multilateral arrangements and this could be beneficial for both China and Japan to keep expanding their mutual technological ties.

The growing conflict between Washington and Beijing also worries Tokyo. Abe's nationalist tendencies also worry Beijing but now they are above that level and moving toward reconciliation. Much wisdom is needed to overcome their differences, which is prevailing at this time.

If the relations remain stable, this will serve the basis of interest for the two countries. In the present international situation, China and Japan have become more important; the two countries could alter the international order and look for peace and stability in East Asia.

Beijing would welcome Japan's involvement in China's overseas infrastructure projects. "China welcomes Japan to take part in the Belt and Road Initiative," Abe said, referring to President Xi Jinping's signature push to link economies into a China-centered trading network. The BRI has the capacity to lower down Japan and China's differences and build a common future and tranquility.

Both nations would like to avoid a trade war. They are more interested in building mutual prosperity and goodwill. Their common efforts would help promote globalization at a time of U.S.-led trade war and conflict in world politics. With highly complementary economies, China and Japan could be the engine of production for the rest of Asian nations.

In the two countries' relations, Japanese-Chinese collaboration could lead them toward success. Trade between China and Japan reached $300 billion in 2017, making China Japan's second-largest trading partner, while Japan is China's third-biggest. For Japanese companies China is the most suitable place for their investment.

Around 30,000 Japanese firms currently have investments in China helpingTokyo's investment in Beijing grow to more than $100 billion. This is a highly lucrative business. It is better for Japan to invest in China than to look for competition or rivalry in the South China Sea or any other theater.

It is not good for Japan to look toward a dispute with China and ignore the U.S.-led conflict with China. It is a good move to build the economies of East Asia together. Leaders of China and Japan announced they had agreed to boost economic cooperation, not to pose a threat to each other and push for more cooperation on innovation, environmental protection, health and welfare.

It is in their mutual interest to maintain a long-term stable China-Japan relationship, which is also beneficial to the stability of the region and the world. They should never commit direct aggression against each other, but rather act like good neighbors.


The writer is a consultant at the Institute of Strategic Studies Islamabad. He writes on East Asian affairs. Contact him at dr.arm@hotmail.com.



 
miguel
wooribank
LG
Top 10 Stories
1Guide to Chuseok celebrations across Korea Guide to Chuseok celebrations across Korea
2Chuseok exodus begins ahead of extended 6-day holiday Chuseok exodus begins ahead of extended 6-day holiday
3Korea sees record-low births in July Korea sees record-low births in July
4Hyundai E&C to build upmarket apartment complex in Seoul's Gwanak District Hyundai E&C to build upmarket apartment complex in Seoul's Gwanak District
5Political battle intensifies after court rejects Lee's arrest warrant Political battle intensifies after court rejects Lee's arrest warrant
6Korea on track to prove esports prowess at Asian Games Korea on track to prove esports prowess at Asian Games
7[INTERVIEW] Risk-averse culture is forcing daring creators to flee showbiz INTERVIEWRisk-averse culture is forcing daring creators to flee showbiz
8DMZ Open Int'l Music Festival to be held in Goyang in November DMZ Open Int'l Music Festival to be held in Goyang in November
9Lotte focuses on health care, mobility to spur growth Lotte focuses on health care, mobility to spur growth
10Two Koreas trade barbs over nuclear war Two Koreas trade barbs over nuclear war
Top 5 Entertainment News
1Trailblazing nonagenarian artist honored for redefining Korean fiber art Trailblazing nonagenarian artist honored for redefining Korean fiber art
2[INTERVIEW] 'Coexistence of different art hubs across Asia is necessary': Art Week Tokyo Director INTERVIEW'Coexistence of different art hubs across Asia is necessary': Art Week Tokyo Director
3[INTERVIEW] With '30 Days,' Kang Ha-neul finds new level of comfort in acting INTERVIEWWith '30 Days,' Kang Ha-neul finds new level of comfort in acting
4Rwandan artists bring diversity to Seoul's art scene Rwandan artists bring diversity to Seoul's art scene
5[INTERVIEW] ONEUS returns as 'mermaid prince' INTERVIEWONEUS returns as 'mermaid prince'
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group