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5/21, 5:16 AM (Source: TeleTrader)
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China's expansion in East China Sea 'unacceptable' - Kishida

Japanese Prime Minister Fumio Kishida stated in a press conference on Saturday that Beijing's escalating efforts to develop areas in the East China Sea are "unacceptable."

Yesterday, the Japanese foreign ministry in an official statement confirmed the increase in Chinese actions to acquire natural resources in the East China Sea, including areas west of the dividing point between Japan and China.

Kishida also yesterday said that "a rapid change in foreign exchange rates is undesirable from anyone's point of view" as he works on introducing measures that would stabilize the yen amid a 20-year plunge of the currency.

Baha Breaking News (BBN) / SP