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,
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.
On Christmas Day, authorities in Estonia and Finland noted the sudden interruption of the Estlink 2 undersea electricity cable linking their two nations - just as ship tracking data showed the Cook Islands-registered "Eagle S" passing outbound from Russia’s Baltic coast en route to Egypt.
The leaders of Japan and Malaysia have reaffirmed they will work closely to maintain and strengthen a free and open international order based on the rule of law. This comes as China continues to step up its maritime activities in the East and South China seas.
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.
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.
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.
Uniqlo owner Fast Retailing Co. reported strong growth in revenue and operating profit for the three months through November, as robust demand across Japan, North America and Europe helped offset sustained slowdown in China.