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|BEIJING Cheap Blake Wheeler Jersey , Jan. 23 (Xinhua) -- China Tuesday called on Japan to honor its commitment to improving relations with China and translate its positive remarks into concrete policies and actions.
Foreign Ministry spokesperson Hua Chunying made the comment after Prime Minister Shinzo Abe stressed Japan's willingness to promote the relationship with China.
In addition to Abe's remarks in his policy speech at the opening of this year's ordinary Diet session on Monday, Foreign Minister Taro Kono said Japan will use this year's 40th anniversary of the signing of a bilateral peace and friendship treaty as an opportunity to promote exchanges between the two peoples and strengthen bilateral economic ties.
"China hopes Japan will work with China to increase communication and mutual trust and handle the differences properly for the development of bilateral relations on the right track," Hua said at a regular news briefing.
Hua said the two countries should work in accordance with the four-point principled consensus reached in 2014 and take the advantage of the 40th anniversary of the signing of the China-Japan Peace and Friendship Treaty this year to improve and develop bilateral relations.
China is willing to cooperate with Japan and other parties on the Belt and Road Initiative to realize common development and prosperity among countries in the region, Hua said.
Despite positive remarks on improving relations with China Authentic Patrik Laine Jersey , Kono said that Japan "cannot accept any attempt to change the status quo" in the East China Sea, according to Japanese media.
"We are also aware of Japan's stance on the East China Sea. We hope Japan will match its words and deeds, and translate its positive remarks into concrete policies and actions to improve relations with China," the spokesperson said.
BRUSSELS Authentic Blake Wheeler Jersey , Jan. 23 (Xinhua) -- China does not control or dominate the decision-making of the Asian Infrastructure Investment Bank (AIIB), the bank's president Jin Liqun reiterated here on Monday.
As a Beijing-headquartered multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond, AIIB now counts 84 members -- rising from 57 at its commencement two years ago.
AIIB has been applying high standards of governance based on international best practices to build the institution, Jin said in a speech to an event jointly hosted by think tanks the Bruegel and the Egmont Institute Patrik Laine Jersey , noting that only 18 months into operation the bank received top ratings from all three international credit rating agencies.
The rating agencies once asked "how does China control this bank, how does China dominate the decision-making of this bank", Jin said.
"The answer is a straightforward no." Jin said, recalling the conversation at the time. "We don't feel it at all in the management team."
Asian countries account for 75 percent of AIIB's shares and non-Asian countries altogether account for 25 percent Blake Wheeler Jersey , which translate to voting power, but three out of the bank's five vice presidents are European.
"Belgium would be a full member very soon. I'm looking forward to Belgium's full membership in a couple of weeks or months," Jin said to the European audience. "I want Europeans to join this bank."
"In our executive committee meeting, we discuss thoroughly every issue before we reach consensus on making any decision. No decision has ever been made without thorough debate in the executive committee...It never ever has happened New Winnipeg Jets Jerseys ," he said.
INDIA IS MAIN BORROWER
While Jin did not in his speech address the AIIB's specific projects and borrowers, an analysis of the bank data shows that India has so far become AIIB's main borrower.
The bank's website lists 24 approved projects in 12 countries, with loans exceeding 4.2 billion U.S. dollars. Among them, there are five Indian projects totaling 1.074 billion Mathieu Perreault Jets Jersey , or more than a quarter of the lending.
That is in stark contrast with earlier fears -- largely from the West -- that China would channel money through AIIB to its "friends" over its "rivals", experts noted.
Available evidence shows that AIIB focuses on capacity of its projects to yield future returns, reflecting a sensible market-oriented objective approach as a development finance institution, Amitendu Palit Kyle Connor Jets Jersey , Senior Research Fellow at the Institute of South Asian Studies at the National University of Singapore, wrote in an email to Xinhua.
There is little possibility of China "favouring" any of its "friends" through the AIIB given its multilateral character and the fact that the quality of projects is the main criteria for funding, Palit added.
"I had got very clear message from the Chinese authority: this (AIIB) is going to be an international bank; (it) is not a Chinese bank and I would do it independently," Jin said at the end of his speech.
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