WI: Japan accepts the British peace treaty

I was doing some reading and I discovered this interesting segment on Japan.

On 16 February 1942, British diplomats secretly proposed a peace deal with Japan. A possible agreement was that if Great Britain formally recognised the authority of Imperial Japan over North China and Manchuria, the Japanese would return sovereignty over the Malay Peninsula and Singapore to Britain.

At the same time as this diplomatic movement, a political confrontation was in progress between the Tōhōkai party and the Kōdōha party. This was possibly the last internal political power struggle in the government before the Midwayand Coral Sea defeats in 1942, which sent the Japanese military reeling.

The ultranationalist Tōhōkai party was led by Nakano Seigō who had some political influence at the time and who expressed his support and confidence for the Imperial Japanese Navy. He anxiously awaited the approval of the peace talks, so as to stabilize the recent conquests in Southeast Asia. Seigō also wanted to prevent any further sacrifices by the Japanese people towards the war effort, and pressured the government to halt what he considered to be the overly-ambitious aim of conquering all of Asia.

On the other side was the largely pro-Imperialist faction, which represented the military interests of Japan and was led by General Hideki Tōjō, who reasoned that the extremely rapid successes in recent campaigns in Southeast Asia should be continued into the rest of Asia and even Australia before the Allies could react, to further develop the Greater East Asian Co-Prosperity Sphere.


What would have happened has the Tohokai triumphed and managed to secure this agreement. A surviving Imperial Japan in East Asia?


Lets change that Date to 2 November 1941 and the UK bring pressure on the US government to do the same .
 
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