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The article reports on the plan of China, Japan and South Korea to set up a foreign exchange reserve fund along with the Association of Southeast Asian Nations (ASEAN). According to the article, the countries and the ASEAN will set up the fund in order to support each other to avoid possible financial risks from the U.S. subprime mortgage loan crisis. It is stated that the subprime crisis was similar to the Asian financial crisis in 1997.

The article focuses on the trade relations between China and Japan. It states that the economic ties between the two countries have paved the way for the stable development of their bilateral relations. It is inferred that foreign trade between China and Japan has improved in quality. According to the article, both China and Japan have huge foreign exchange reserves.