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Message Subject >>>> MARKETS vs. TIMEWAVE ZERO
Poster Handle Wubbo Ockels
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China-Japan tensions are getting dire and dire by the minute:

Chinese banks to skip IMF, World Bank meetings in Tokyo

TOKYO — Chinese banks have pulled out of events linked to annual meetings of the International Monetary Fund and World Bank in Japan next week, a report said, as Tokyo and Beijing remain locked in a diplomatic row.

Although many of those apparently planning no-shows gave no specific reason, Dow Jones Newswires said, it is the latest sign that a festering spat over islands in the East China Sea is having a wider impact on bilateral, and now multilateral ties.

“Quite frankly, it’s Japan-China relations,” Dow Jones Newswires quoted an official at the Tokyo branch of the Agricultural Bank of China as saying to explain why the bank was pulling out of IMF-related events. ...
FULL STORY: [link to www.japantoday.com]



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