Japan woos Asean to counter China | Bangkok Post: news

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Japan moving closer to Asean

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  • Online news: Asia
  • Writer: Bloomberg News
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NEW DELHI - Japan says it will increase financial cooperation with Southeast Asian nations, support their bond markets and make it easier for Japanese companies to raise funds in local currencies. 

Tokyo will also consider reviving emergency monetary arrangements with Malaysia, Singapore and Thailand, the finance ministry said after a meeting of finance ministers and central bankers from Japan and Asean near New Delhi on Friday.

Japan is strengthening ties with countries in the region as it tries to revive growth and as tensions with China escalate over a territorial dispute.

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