Wednesday, September 22, 2010

China's Wen Threatens Japan With More Action Over Jailed Captain

China’s Premier Wen Jiabao threatened more retaliatory action unless Japan “immediately and unconditionally” releases the fishing captain detained two weeks ago in disputed waters, Xinhua News Agency said.

Wen spoke in New York, where he and Japan’s Prime Minister Naoto Kan are to attend the United Nations General Assembly. Tensions between Asia’s two largest economies are rising over rival claims to a group of uninhabited islets and outcrops about 200 miles (322 kilometers) off the northeast coast of Taiwan.


This minor incident is related to a broader conflict over control of global resources.

The islands are in the East China Sea near natural gas fields that the two countries agreed to jointly develop in 2008. The agreement has yet to be implemented, and China broke off talks on the issue when the captain was detained after his boat collided with two Japanese Coast Guard vessels.

Source: finance.yahoo.com

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