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China Snubs Toyota Chairman
Fujio Cho, chairman of Toyota Motor Corp. and the Japan-China Economic Assn., was unable to attend a meeting with senior Chinese leaders in Beijing on Thursday.
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Fujio Cho, chairman of Toyota Motor Corp. and the Japan-China Economic Assn., was unable to attend a meeting with senior Chinese leaders in Beijing on Thursday. Chinese authorities left Cho's jet sitting on a runway in Japan before eventually refusing him permission to land.
The incident is a result of growing political tensions between the two countries amid a dispute about control of a chain of islands.
Broader plans for the group's full delegation of 175 executives to visit China and meet with Premier Wen Jiabao had already been scrapped earlier this week.
Cho's exclusion frustrates Japanese executives who hoped such talks would foster a speedy resolution of the diplomatic crisis. The Japan-China organization has met regularly for 37 years.
Honda, Nissan and Toyota are among the companies affected by strong anti-Japan sentiment in China that is hurting their sales, production and distribution.
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