Japanese Prime Minister Shigeru Ishiba has begun a tour of Malaysia and Indonesia as part of his effort to further strengthen defense and economic ties with Southeast Asia as threats from China rise in the region.
China, the global growth engine for the last 20 years, now boasts lower long-term bond yields than Japan, the former poster child for deflationary economic stagnation. This may signal that the "factory to the world" faces the real risk of "Japanification.
The Kobeissi Letter indicated that China recorded lower interest rates for the first time in 30 years than Japan. The report also highlighted that China’s economy is currently described as a “deflationary spiral,
After a powerful earthquake struck China's remote Tibet region and killed at least 126 people, an old video of a cyclist panicking as tremors shook the buildings around him spread globally in social media posts that falsely linked it to the disaster.
With China facing a deflationary spiral and uncertain economic prospects, lower interest rates alone wouldn’t be enough to kick the economy back into high gear.
Japan’s biggest automakers pledged cooperation in tech-focused areas to survive in the rapidly evolving global industry, just as two of its largest car brands begin negotiating a deal that would effectively split the country’s industry in two.
Japan has linked more than 200 cyberattacks over the past five years targeting the country's national security and high technology data to a Chinese hacking group, MirrorFace.
Japanese "panda fans" can easily embark on spontaneous trips to China with a "simple click," while young people in South Korea embrace the new trend of "Shanghai weekend getaways," the culturally rich and historic streets of Shanghai have become a must-visit destination for South Korean tourists.
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the yuan’s value versus the dollar. Naturally, it caused pandemonium in world markets — at least briefly. The real fallout, though, was suffered by China itself, as huge waves of capital fled yuan-denominated assets.
Japanese Prime Minister Shigeru Ishiba on Thursday began a trip to Malaysia and Indonesia as part of an effort to strengthen defence and economic ties with Southeast Asia as China's threats grow in the region.
Japan’s military chiefs are warning that the country faces its most severe and complex security environment since World War II, attributing the outlook to China, Russia, North Korea and instability in the Middle East.