China, Japan and Taiwan
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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.
9hon MSN
Tensions escalate between China and Japan — here’s what happened and how it may affect Americans
China has reportedly informed Japan of a ban on all seafood imports, escalating a diplomatic dispute. This action follows Japanese Prime Minister Sanae Takaichi's remarks suggesting a military response to a Chinese attack on Taiwan.
Beijing is flexing its military and economic might to show its displeasure with the Japanese leader’s comments about defending Taiwan. But its aggressive approach risks backfiring.
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.