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Cablegate: Tokyo Media Reaction - China

VZCZCXRO6269
PP RUEHFK RUEHKSO RUEHNAG RUEHNH
DE RUEHKO #3214 3260448
ZNR UUUUU ZZH
P 210448Z NOV 08
FM AMEMBASSY TOKYO
TO RUEHC/SECSTATE WASHDC PRIORITY 8977
RUEKJCS/SECDEF WASHDC PRIORITY
RUCPDOC/USDOC WASHDC PRIORITY
RUEATRS/DEPT OF TREASURY WASHINGTON DC PRIORITY
RUYNAAC/COMNAVFORJAPAN YOKOSUKA JA PRIORITY
RHHMUNA/HQ USPACOM HONOLULU HI PRIORITY
RHHMHBA/COMPACFLT PEARL HARBOR HI//N541// PRIORITY
RHMFIUU/HQ PACAF HICKAM AFB HI//CC/PA// PRIORITY
RUHBANB/OKINAWA FLD OFC US FORCES JAPAN CP BUTLER JA PRIORITY
RHMFIUU/USFJ PRIORITY
INFO RUEHFK/AMCONSUL FUKUOKA 1097
RUEHNH/AMCONSUL NAHA 3458
RUEHNAG/AMCONSUL NAGOYA 9110
RUEHKSO/AMCONSUL SAPPORO 1668
RUEHOK/AMCONSUL OSAKA KOBE 4887
RUEHBJ/AMEMBASSY BEIJING 6509
RUEHMO/AMEMBASSY MOSCOW 2627
RUEHUL/AMEMBASSY SEOUL 2504
RUCNDT/USMISSION USUN NEW YORK 2643
RHEHAAA/NSC WASHDC

UNCLAS TOKYO 003214

SIPDIS

STATE FOR I/RF, PA/PR/FPC/W, IIP/G/EA, EAP/PD, R/MR,
EAP/J, EAP/P, PM;
USTR FOR PUBLIC AFFAIRS OFFICE;
TREASURY FOR OASIA/IMI;
SECDEF FOR OASD/PA;
CP BUTLER OKINAWA FOR AREA FIELD OFFICE;
PACOM HONOLULU FOR PUBLIC DIPLOMACY ADVISOR

E.O. 12958: N/A
TAGS: OIIP KMDR KPAO JA
SUBJECT: TOKYO MEDIA REACTION - CHINA

1. LEAD STORIES: Top stories on Friday morning included
a Nikkei report on plans by the Chinese government fund
China Investment Corporation to invest in AIG and its
affiliate American Life Insurance Company.

2. "China Preparing for Construction of Aircraft
Carrier" The business-oriented Nikkei wrote from
Beijing (11/21): "China appears to be accelerating its
preparations for the construction of an aircraft
carrier. It seems to have already begun the initial
process of building a conventional carrier and training
carrier-borne pilots. Although there was a cautious
view about the building of such a ship in view of cost-
effectiveness, Beijing apparently decided to move
forward with the aim of enhancing its operational
ability on the high seas and securing marine resources.
This move could make China's neighbors nervous, as its
deployment of an aircraft carrier could have a major
impact on security in East Asia."

SCHIEFFER

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