China, Japan and South Korea highlight unity amid North Korea moves
The leaders of China, Japan and South Korea met in Tokyo on Wednesday in a powerful gesture of solidarity against the backdrop of historic diplomatic moves by North Korea and a push for the isolated country to give up its nuclear weapons.
(Updated: )
Ricky Lim ·
Trump's trade pressure on China and Japan, the world's second and third-largest economies, appeared to have had an impact as Li urged swifter discussions on regional free trade deals, such as the Regional Comprehensive Economic Partnership backed by Beijing.
"We are all beneficiaries of free trade and even though various issues have emerged, these should not stand in the way," Li said. "Through actual behaviour, let's show that we three nations support engaging in free trade."
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It is vital for China (2nd largest Global Economy), Japan (3rd largest Global Economy), S Korea (11 largest Global Economy) - to cooperate and get the RCEP ratify -- so that the entire Asia Pacific can benefit from the free trade deal.
This will further cushion the impact of Trump's irrational protectionist trade war.
"We are all beneficiaries of free trade and even though various issues have emerged, these should not stand in the way," Li said. "Through actual behaviour, let's show that we three nations support engaging in free trade."
--
It is vital for China (2nd largest Global Economy), Japan (3rd largest Global Economy), S Korea (11 largest Global Economy) - to cooperate and get the RCEP ratify -- so that the entire Asia Pacific can benefit from the free trade deal.
This will further cushion the impact of Trump's irrational protectionist trade war.
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