China, Japan and Taiwan
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Beijing is using its economic power and military muscle to convey its anger with Japan’s new prime minister, Sanae Takaichi — and to send a message to the U.S.
Bank of Japan Governor Kazuo Ueda and key economic ministers in the country's new government have agreed to watch market developments with a "strong sense of urgency," Finance Minister Satsuki Katayama said on Wednesday.
Japan’s economy contracted for the first time in six quarters, supporting Prime Minister Sanae Takaichi’s case to compile an ambitious economic stimulus package.
The postponement comes barely two weeks after remarks about Taiwan by Japanese Prime Minister Sanae Takaichi sparked a heated response from China and kicked off the most serious diplomatic clash between the two East Asian powers in years.