Several major Chinese banks refused to go to Japan to participate in the International Financial Annual Conference

Several major Chinese banks refused to go to Japan to participate in the International Financial Annual Conference Washington? According to foreign media reports, Sino-Japanese relations have intensified due to the sovereignty dispute over the Diaoyu Islands (called the Senkaku Islands in Japan)...

Reports say that the Agricultural Bank of China and the Bank of Communications have canceled all activities. The headquarters personnel of the Industrial and Commercial Bank of China and the China Construction Bank will not go to Tokyo to attend the meeting. Only Tokyo branch personnel will be sent to attend the meeting. Only the Bank of China has not yet stated whether it will attend.

The report stated that most Chinese banks did not explain the reasons for their decision not to participate in the meeting at the last moment. However, outside analysis showed that Beijing clearly wanted to express its displeasure, and the Sino-Japanese sovereignty dispute over the Diaoyu Islands has affected the economic field and exceeded the scope of regional disputes.

The annual meetings of the World Bank and IMF are one of the largest gatherings of financial and economic officials, non-governmental organizations and the banking industry in the world. The organizers of the annual meeting estimate that about 20,000 representatives will participate in the annual meeting and various seminars held from October 9 to 14.

At a press conference in Washington on Tuesday, International Monetary Fund President Christine Lagarde expressed concern about the friction between China and Japan over the dispute over the Diaoyu Islands sovereignty. She hopes that both sides can handle the dispute calmly and is worried that the confrontation between China and Japan will affect the growth of the world economy.

She said the current unstable global economy required "full engagement" between the two economic giants.

Domestic nationalist sentiments and long-term estrangement between China and Japan have intensified the sovereignty dispute between the two countries to some extent. The outside world is worried that the island dispute between China and Japan will damage the trade relations between Asia's two largest economies.