A friend of mine was wearing a peach and sumo wrestler shirt today and it reminded of how much I loved the book Momotaro. If you ever get a chance I do recommend reading it. Perhaps, it is the inspiration for James and the Giant peach.
This beautiful version was illustrated by George Suyeoka. He also illustrated Urashima Taro and Issunboshi which are delightful tales as well.
Wikipedia says: According to the present form of the tale (dating to the Edo Period), Momotarō came to earth inside a giant peach, which was found floating down a river by an old, childless woman who was washing clothes there. The woman and her husband discovered the child when they tried to open the peach to eat it. The child explained that he had been sent by Heaven to be their son. The couple named him Momotarō, from momo (peach) and tarō (eldest son in the family).