Japan is forging ahead with plans to normalise its relations with The People's Republic of China and is, at the same time, taking steps to ???
Japan is forging ahead with plans to normalise its relations with The People's Republic of China and is, at the same time, taking steps to ??? the anxiety which Taiwan has about the new union.
A Japanese Government envoy was in Taiwan for two days (until September 19) explaining Japan's China policy to President Chiang Kai Shek and his aides.
The visit comes shortly before the Japanese Prime Minister, Mr. Tanaka's visit to Peking during which he hopes to normalise relations with People's Republic of China. Taiwan is strongly opposed to Japan's plan to normalise relations, but Japanese leaders have repeatedly expressed the hope that economic and cultural relations between Tokyo and Taipei will not be affected.
The Japanese have good reason for wanting to remain on good terms with Taiwan. They own about four-hundred businesses in Taiwan, representing an investment of more than 100-million dollars (US). In addition, there are also more than 400 business ventures shared jointly between Japan and Taiwan.
Economically therefore it is in Japan's interest to remain on good terms with Taiwan. On the other hand, a normalisation of Peking-Tokyo relations will have considerable implications for trade between the two countries.
But the Chinese have laid down 3 conditions for restoring diplomatic relations - recognition by Tokyo that Peking is the sole legal Government of China; recognition that Taiwan is part of China; and abrogation by Japan of the peace treaty and diplomatic links with Taiwan.
SYNOPSIS: These lights in Taipei signal more than the usual night-time bustle of a busy international city. They blink out a constant message that underlines a strong Japanese presence in the economy of Chiang Kei Shek's Taiwan. The Japanese have about four-hundred businesses in Taiwan, representing an investment of more than one-hundred-million dollars.
But with the imminent departure of the Japanese Prime Minister to Peking. Japan looks set to normalise its relations with the People's Republic of China - a union to which Taiwan is strongly opposed. Peking has already said that Japan must among other things, abrogate the peace treaty and sever diplomatic links with Taiwan, as part of the price of improved relations between Tokyo and Peking. Taiwan is unhappy at the prospect and is at present playing host to a Japanese delegation which is explaining Japan's China policy.
Japanese business is firmly entrenched on the island of Taiwan. Apart from the fully owned businesses, Japan shares jointly with Taiwan in more than four-hundred other organisations. In fact, Japan has replaced the United States as the number one trading partner.
Economically therefor it is in Japan's interest to remain on good terms with Taiwan and Japanese leaders have repeatedly expressed the hope that economic and cultural relations between Tokyo and Taipei will not be affected.
The Japanese influence in Taiwan has spread to all sections of the community, and has not been confined just to the economic sphere.
Now Taiwan has hinted at restricting imports from Japan in a clear move designed to correct a chronic trade imbalance running in favour of Japan. Agencies have been instructed to screen import deals for machinery costing more than eight-thousand pounds sterling. Last year, Japan's exports to Taiwan were worth 380-million pounds, imports cost 115-million pounds.