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TOKYO (Nikkei)--In a conference held here on Tuesday, Philippine President Gloria Macapagal-Arroyo called for the creation of an East Asian economic bloc that would include both China and Southeast Asia.
TOKYO (Kyodo)--Visiting Philippine President Gloria Macapagal-Arroyo said Tuesday Japan has a core role to play in the growth and stability of the Philippines and East Asia.
TOKYO (Kyodo)--Visiting Philippine President Gloria Macapagal-Arroyo on Tuesday said China's emergence as a market economy poses no threat and indeed serves as a catalyst for the economic growth of the Association of Southeast Asian Nations (ASEAN).
TOKYO (Dow Jones)--Philippine President Gloria Macapagal Arroyo Tuesday strongly backed a call by China for the establishment of a free-trade area with the Association of Southeast Asian Nations, which would be the world's largest with a population of around 1.8 billion people.
TOKYO (Nikkei)--In a speech given in Tokyo on Tuesday, Zhao Qizheng, director of the Information Office in China's State Council, expressed displeasure over the Japanese government's refusal to accept China's version of events surrounding the seizure of five North Korean asylum seekers by Chinese police at the Japanese Consulate General in Shenyang, northeastern China.
TOKYO (Kyodo)--Visiting Philippine President Gloria Macapagal-Arroyo on Tuesday stressed that the international fight against terrorism is intrinsically linked to the issue of eradicating poverty worldwide, and said Japan plays a pivotal role in this.
TOKYO (Nikkei)--The Nihon Keizai Shimbun Inc. is due to hold its eighth international exchange forum, The Future of Asia, in Tokyo on Tuesday and Wednesday.
TOKYO (Nikkei)--Japan should take a clear stance to resolve the problems surrounding the seizure of five North Korean asylum seekers by Chinese police officers at the Japanese Consulate General in Shenyang, Zhao Qizheng, director of the Information Office in China's State Council, told The Nihon Keizai Shimbun Tuesday.
TOKYO (Nikkei)--Foreign Minister Yoriko Kawaguchi indicated Tuesday that the Japanese government will give top priority on humanitarian grounds to reaching an agreement with China to allow the five North Koreans who tried to seek asylum at the Japanese Consulate in Shenyang to depart for a third country.
TOKYO (Nikkei)--Instead of just viewing China's economic growth as a threat, Southeast Asian nations should see it as an opportunity for themselves, Malaysian Prime Minister Mahathir Mohamad said Tuesday in a speech at Nihon Keizai Shimbun Inc.'s annual Future of Asia conference.
TOKYO (Nikkei)--China's economic development accompanied by regional stability and advances in human rights issues will benefit all Asian nations, said Japanese Prime Minister Junichiro Koizumi in a speech Tuesday evening at the annual Future of Asia conference.
TOKYO (Nikkei)--Indonesia will continue carrying out political and economic reforms that started in 1998 to help it recover from the Asian economic crisis, the nation's minister in charge of economic affairs said in a speech Wednesday morning at the annual Future of Asia conference held in Tokyo.
TOKYO (Nikkei)--China is united to achieve the goal of economic prosperity, Singapore Senior Minister Lee Kuan Yew said Wednesday at the Future of Asia conference, dismissing concerns raised by some about social unrest in that country.
TOKYO (Nikkei)--The Future of Asia conference inadvertently became a stage for political point-scoring between Japanese and Chinese officials over the contentious issue of five North Korean asylum seekers.

Panelists discuss difficulties of tapping China markets

July 15, 2002
Following are summaries of a panel discussion titled "China session A: Marketing in China." The panelists were Akihiko Hanawa, senior managing director and chief operating officer of the China operation of Ito-Yokado Co.; Henri Petit, chairman and president of Greater Asia Region and vice president of Eastman Kodak Co.; Patrick Siewert, president of East and South Asia Group of Coca-Cola Co.; Zhang Ruimin, chief executive officer of Haier Group Co. of China.
Foreign investment is pouring into China. On the first day of The Future of Asia conference, the panel discussed "China: Implications for Corporate Investment Strategy." Panel members included Yun Jong-yong, vice chairman and chief executive officer of Samsung Electronics Co. (South Korea), Dhanin Chearavanont, chairman and CEO of Charoen Pokphand Group (Thailand), and Satoshi Iue, chairman and CEO of Sanyo Electric Co. Following are summaries of the panel discussion:
As its economy expands and its global status improves at a rapid pace, China is expected to play an increasingly important role on the international stage. In that sense, I agree with Senior Minister Lee that the U.S. and China will play "defining roles" in the 21st century.
In the 24 years since 1978, when China began its open door policy, its transformation has been dramatic. It has been growing at over 8% per annum.
For the Association of Southeast Asian Nations, what will be the effect of China's economic struggle? China's advantage at the moment is its low-cost labor and enormous domestic market.
The year 2001 may be a year most countries would want to forget. With the sharp contraction of the global information technology industry, not a few economies underwent recession or stagnation. Then the Sept. 11 terrorist attacks came and changed the world altogether.
Since China joined the World Trade Organization at the end of 2001, our market-opening policy has entered a new phase. The Chinese government has already revised relevant laws and begun reforming the legal system in compliance with WTO rules.
China's economic development, accompanied by regional stability and advances in human rights, will benefit all Asian nations, said Japanese Prime Minister Junichiro Koizumi in a speech at a banquet for the annual Future of Asia conference on May 21.
Government and business leaders and prominent academics from 12 countries and territories in the Asia-Pacific region exchanged opinions on a range of subjects at the 8th International Conference on "The Future of Asia" hosted by Nihon Keizai Shimbun Inc. May 21-22. During the conference in Tokyo, the participants focused on how Asia can become united through mutual prosperity and deal with the impact of the emerging Chinese economy on the region.
Titles of speakers, names of companies, etc., were correct as of the time when the forum was held.