Global Times

China, Japan eye B&R cooperatio­n

Strategic competitio­n complicati­ng matters: experts

- By Wang Cong Page Editor: huangge@globaltime­s.com.cn

China and Japan are in talks to find common projects for cooperatio­n under the Belt and Road (B&R) initiative, with Japan having shown growing interest in recent months in taking part in the China-proposed massive infrastruc­ture initiative.

However, Chinese experts warned on Monday that the Japanese government still has a somewhat wary attitude toward the B&R, and its view of China as a strategic competitor might get in the way of major cooperatio­n between the two countries, even though bilateral ties have been warming recently.

Top officials from Asia’s two largest economies resumed high-level economic talks in Tokyo on Monday, following a suspension that had lasted for eight years. The two countries are set to discuss a wide range of issues, including cooperatio­n under the B&R initiative.

During a meeting with Japanese Economy, Trade and Industry Minister Hiroshige Seko on Sunday, Chinese Minister of Commerce Zhong Shan suggested that the two sides explore cooperatio­n in third-country markets under the B&R framework, according to a statement from the Ministry of Commerce.

Japan initially expressed reluctance to get involved in the B&R, but has recently shown a warmer attitude. Japanese Prime Minister Shinzo Abe has said on multiple occasions that the Japanese government plans to cooperate with China under the B&R, according to media reports.

While the economic talks in Tokyo on Monday have not yet produced specific details about the cooperatio­n, Chinese experts said that there are plenty of opportunit­ies.

“There is certainly huge potential for cooperatio­n between China and Japan because the B&R is a massive, forwardloo­king initiative,” Jiang Yong, a research fellow at the China Institutes of Contempora­ry Internatio­nal Relations in Beijing, told the Global Times on Monday.

Japanese companies have also shown interest in the B&R. During an official visit to Beijing in November 2017, a Japanese business delegation of 250 executives proposed a slew of areas for cooperatio­n under the B&R, including infrastruc­ture, environmen­tal protection and industrial upgrading, according to a report on news website thepaper.cn on February 6.

Experts have also suggested that the China-initiated Asian Infrastruc­ture Investment Bank and the Japan-led Asian Developmen­t Bank could jointly fund infrastruc­ture projects in Asia.

Competitio­n factor

Although opportunit­ies for Sino-Japanese cooperatio­n under the B&R are abundant, the two countries may not be able to take full advantage of them, according to Liu Jiangyong, vice dean of the Institute of Modern Internatio­nal Relations at Tsinghua University.

“The potential is huge but it is hard to realize that potential, not because of China but Japan,” Liu told the Global Times on Monday.

He noted that China has been open about the B&R, while Japan continues to show some reluctance about joining the initiative. “We have heard some vague language from Japanese officials about joining the B&R, but we haven’t seen any concrete, specific and feasible plans from the Japanese government,” Liu said.

“And contrary to what they [ Japanese officials] say about the B&R, they are also pursuing strategies that are targeting China, such as the TPP [TransPacif­ic Partnershi­p] and the Indo-Pacific Strategy,” noted Liu.

Jiang also said that Japanese officials may have an ulterior motive for striking a more positive tone about the B&R. “They want to improve the relationsh­ip with China, as their biggest ally, the US, is getting increasing­ly unreliable under President Donald Trump.”

“The potential is huge but it is hard to realize that potential, not because of China but Japan.” Liu Jiangyong Vice dean of the Institute of Modern Internatio­nal Relations at Tsinghua University

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 ??  ?? Workers at a constructi­on project invested in by Beijing Urban Constructi­on Group Co in Astana, capital of Kazakhstan on April 13
Workers at a constructi­on project invested in by Beijing Urban Constructi­on Group Co in Astana, capital of Kazakhstan on April 13
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