Japan appeals to world to restrain 'military expansion' in

Image
AFP Davos
Last Updated : Jan 23 2014 | 12:00 AM IST
Japan today appealed to the world to restrain "military expansion" in Asia or risk a regional conflict with catastrophic economic consequences.
In a landmark speech to the World Economic Forum in Davos, Prime Minister Shinzo Abe issued what amounted to an appeal for international support in a potentially explosive dispute with China over islands in the East China Sea.
"We must restrain military expansion in Asia... Which otherwise could go unchecked," Abe told the annual meeting of global business and political leaders, which Chinese Foreign Minister Wang Yi is due to attend on Friday.
"If peace and stability were shaken in Asia, the knock-on effect for the entire world would be enormous," Abe added.
"The dividend of growth in Asia must not be wasted on military expansion."
Although Abe did not explicitly mention China, his speech had been flagged up in advance by Japanese officials as an alarm call to an influential audience over what Tokyo sees as Beijing's increasing attempts to bully Japan and other neighbours.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 23 2014 | 12:00 AM IST

Next Story