Published on Oct 10, 2012 by NTDTV
The IMF and World Bank are having their annual meetings in Tokyo today but a few faces were missing from the expected line up. The governor of China's Central Bank, Zhou Xiaochuan, and China's Finance Minister, Xie Xuren, will not be in attendance.
In their place will be Yi Gang, Vice Head of the People's Bank of China and Vice Finance Minister, Zhu Guangyao. It's not customary for lower level officials to lead a delegation to meetings of such international importance, but according to the Chinese regime, the senior officials were unavailable.
The official reason for the last minute change has been blamed on a scheduling conflict. But Chinese state media has linked the Chinese regime's islands dispute with Japan to the delegation swap. There is also speculation that the officials wanted to stay in China ahead of the leadership transition on November 8th—the preparation for which has consumed the Communist leaders in recent months.
Japan's Finance Minister Koriki Jojima said it is regrettable the senior Chinese officials could not attend. He suggests the political snub only hurts the Chinese regime itself.
...In their place will be Yi Gang, Vice Head of the People's Bank of China and Vice Finance Minister, Zhu Guangyao. It's not customary for lower level officials to lead a delegation to meetings of such international importance, but according to the Chinese regime, the senior officials were unavailable.
The official reason for the last minute change has been blamed on a scheduling conflict. But Chinese state media has linked the Chinese regime's islands dispute with Japan to the delegation swap. There is also speculation that the officials wanted to stay in China ahead of the leadership transition on November 8th—the preparation for which has consumed the Communist leaders in recent months.
Japan's Finance Minister Koriki Jojima said it is regrettable the senior Chinese officials could not attend. He suggests the political snub only hurts the Chinese regime itself.
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