International

China finance chiefs to skip Tokyo IMF meeting

A Japanese government official said that China’s central bank governor and Finance Minister won’t be attending this week’s International Monetary Fund (IMF) and World Bank annual meetings in Tokyo.

The cancellations come amid diplomatic tension between the two Asian nations over a cluster of uninhabited islands in the East China Sea that are controlled by Japan but also claimed by China.

The IMF confirmed that People’s Bank of China Governor Zhou Xiaochuan, who was scheduled to give the event’s closing speech on Sunday, wouldn’t be coming to Tokyo, citing scheduling problems. The IMF said his deputy, Yi Gang, will represent him at the meeting and will deliver Sunday’s lecture.

The IMF couldn’t confirm that Finance Minister Xie Xuren had also cancelled his trip.

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Printable version | Aug 4, 2020 6:20:31 PM | https://www.thehindu.com/news/international/China-finance-chiefs-to-skip-Tokyo-IMF-meeting/article12552318.ece

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