As recently as 10 years ago, an economic slowdown in China would have caused barely a ripple in Japan. At that time, most of Japan’s exports to China were components such as liquid crystal displays. They would be assembled into televisions at Japanese-owned factories and again re-exported.
Sourced through Scoop.it from: globserver.cn
For its part, the BoJ insists its massive investment -buying programme remains on course to overcome deflation. Haruhiko Kuroda, BoJ governor, reiterated this in New York on Wednesday, but added that the BoJ would ”make adjustments without hesitation if necessary”.