Xi wants Japan in AIIB as Beijing and Tokyo mend fences

Toshihiro Nikai, secretary-general of Japan’s Liberal Democratic Party, left, and Chinese President Xi Jinping at a meeting in Beijing on May 16. © Kyodo

 

Abe government may reconsider membership in China-led investment bank

TOKYO — Japan could reopen talks on whether to join the China-led Asian Infrastructure Investment Bank, a senior lawmaker signaled Tuesday after meeting with Chinese President Xi Jinping to discuss improving bilateral ties.

Toshihiro Nikai, secretary-general of Japan’s ruling Liberal Democratic Party, did not discuss the matter with Xi directly during the pair’s 17-minute talk in Beijing on Tuesday, which was concerned mainly with the possibility of Chinese leaders including Xi visiting Japan and Prime Minister Shinzo Abe visiting China. But Nikai told a news conference afterward that he would discuss the matter thoroughly with Abe when he returns home. Continue reading