Low bond yields, weak inflation and a struggling property market have raised fears China may see its own “balance sheet recession.”
Octopus Holdings says it is in talks with different platforms in Japan and aims to collaborate with those that have greater payment coverage.
A Chinese reconnaissance and attack drone was spotted for the first time flying near Japan’s southernmost islands, including Okinawa, as Beijing continues to ramp up aggressive moves in the Indo-Pacific.
China has concluded its sampling of Fukushima seafood as part of a process that could lead to lifting its ban on Japanese seafood imports, Chinese officials said
China’s foreign ministry spokesman, Lin Jian, warns that China would fight ‘to the bitter end’ in ‘a tariff war, a trade war, or any other kind of war.’
Panda bonds help foreign firms in China raise capital by targeting domestic investors, and issuance is on the rise.
Japanese Prime Minister Shigeru Ishiba said on Wednesday that other nations do not decide its defence budget after U.S. President Donald Trump's nominee for a top Pentagon policy role called for Tokyo to spend more to counter China.
Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology.
Japan, a United States ally in the Indo-Pacific region, reportedly sent a warship to a contested waterway between China and the self-ruled island of Taiwan in early February. Newsweek has emailed the Chinese and Taiwanese defense ministries for comment.
Some economists see China in danger of sliding into the same kind of multi-decade struggle against deflation and dismal growth that Japan suffered in the 1990s and 2000s.
It comes as Trump’s latest tariff concessions failed to calm a market that has seen many policy reversals over the past two months.