China and Japan are two of Asia’s most powerful nations and the region’s biggest trading partners. Yet centuries of intense rivalry mean their economic embrace can never be taken for granted. Disputes can flare up for all kinds of reasons,
Aging populations, as Japan taught us, are inherently deflationary. Folks in their 70s don’t spend the way 20-somethings do. With the unemployment rate for Chinese between 16 and 24 stuck above 17% —or higher given the vagaries of Beijing’s data—what good will subsidies and rebates do?
China's bond yields have plunged to all-time lows in recent weeks, drawing parallels to Japan's "lost decades," a long period of economic stagnation.
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.
Rahm Emanuel has been a sharp critic of China’s economic and geopolitical strategies during his three years in Japan.
Japan, China and MirrorFace
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.
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.
Tesla's long-awaited "Juniper" refresh of the Model Y has just launched in China.
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.
A top Civil Affairs Ministry official stressed new reforms must be rolled out over the next decade to be effective.