China and Japan both have reasons to welcome a weaker currency. It could support their world-beating export industries, and neither is worried about importing inflation.
Recent Posts
China Flexes Military Muscles Ahead of Taiwan’s War Games
Since Tuesday, China has sent dozens of fighters, bombers and other aircraft including drones into the skies to Taiwan’s south, some crossing the Bashi Channel which separates Taiwan from the …
WRAPUP 3-China’s exports fall most in three years as global economy falters
China’s exports fell last month at their fastest pace since the onset three years ago of the COVID-19 pandemic, as an ailing global economy puts mounting pressure on Chinese policymakers for fresh …
Beijing says it warned Japanese fishing boat in waters near Japan-held islands claimed by China
China says its coast guard issued a warning to a Japanese fishing boat operating in waters surrounding uninhabited East China Sea islands controlled by Japan but claimed by China.
Germany urges companies to ‘de-risk’ from China, emphasizes it is not seeking a decoupling
Germany on Thursday said that there is an urgent need for companies to de-risk from China, while “not pursuing a decoupling” of both economies.
China central bank to use tools such as RRR to tackle economic woes
China’s central bank will use policy tools such as the reserve requirement ratio (RRR) and medium-term lending facility to weather the challenges facing the world’s second-largest economy, a senior …
Wang tells Blinken to ‘work with China’ on improving US ties
Beijing’s top diplomat Wang Yi has urged Washington to “work with China” to improve ties during a meeting with US Secretary of State Antony Blinken, the Chinese foreign ministry said on …
Solomon Islands denies policing deal with China poses ‘threat’ to Pacific security
Statement comes after US, Australia and New Zealand expressed concerns about new agreement with Beijing …
Beijing struggles to revive China’s paralysed property market
Chinese property developer Shimao Group Holdings paid Rmb24bn ($3.3bn) in 2017 for land earmarked for a prestige commercial project that would be dominated by a 500-metre-tall skyscraper, with …
No Trade Is Free by Robert Lighthizer — lessons from Trump’s tariff war with China
The former US trade representative on how America must produce as well as consume — and win friends in the global economy …
‘The struggle ahead’: 2024 candidates, voters scared of Russian war in Ukraine − but some fear China more
Americans are torn between helping Ukraine win a war against Russia or shifting focus to what they see as the larger danger overseas: China.
China c.bank will use tools including RRR to weather economic challenges
BEIJING: China’s central bank will use policy tools, such as the reserve requirement ratio and medium-term lending facility, to weather the challenges facing by the world’s second-largest economy, Zou …
Industrial Hub Facing Power Crunch That May Ripple Across China
Extreme heat and rising energy demand risk overwhelming China’s attempts to prevent a repeat of last year’s curbs on power supply in the major industrial province of Sichuan. Most Read from BloombergH …