BREAKING NEWS

Japan PM calls for calm in Japan-China ties

By ASSOCIATED PRESS

SEPTEMBER 25, 2010 05:12

NEW YORK — Japanese Prime Minister Naoto Kan called Friday for calm discussions between China and Japan in the wake of a tense territorial spat between the Asian rivals.

Kan, speaking to reporters on the sidelines of a United Nations global summit, also defended his government's past currency intervention, though he said he hadn't heard anything about a fresh intervention following a sudden jump in the dollar against the yen Friday. Traders initially said that movement was due to the Bank of Japan intervening to weaken the Japanese currency.

On the dispute with China, Kan didn't directly address how ties would be affected by a heated diplomatic clash over Japan's arrest of a Chinese fishing boat captain near islands both Japan and China claim as their own. Both countries, Kan said, have crucial international responsibilities.

Facing intense Chinese pressure, Japan released the captain.

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