Japan, China
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Japan’s diplomatic rift with China has expanded into a sweeping economic and cultural freeze with Beijing halting Japanese seafood imports, suspending film releases, warning citizens against travel to Japan & signalling broader retaliation unless Tokyo retracts PM Sanae Takaichi’s recent remarks on Taiwan.
Under Deng Xiaoping, China’s government aimed to double the size of the economy between 1980 and 1990 and do it again by the end of the 20th century. It met both targets with ease. That target may not seem too daunting.
China’s economy grows but prices fall. A deep look at deflation, overcapacity, weak demand and how “involution” is reshaping China’s growth.
We ended the week with more evidence that the world’s second-largest economy entered the final quarter on a weakening trajectory. China’s economic activity cooled more than expected at the start of the fourth quarter, with an unprecedented slump in investment and slower growth in industrial output adding to a drag from sluggish consumption.
Green Economy and Sustainable Development: The advancement of China’s “dual carbon” goals is reshaping the energy structure and industrial landscape. Opportunities extend well beyond solar and wind power, encompassing next-generation power systems, the new energy vehicle (NEV) supply chain, energy-efficient technologies, and the circular economy.
And now, China has suspended imports of Japanese seafood.
China’s economic activity cooled more than expected at the start of the fourth quarter, with an unprecedented slump in investment and slower growth in industrial output adding to a drag from sluggish consumption.
Two decades of sustained effort to build national self-reliance and minimize imports have antagonized trade partners but fortified what a senior adviser called Beijing’s “bulwark” against conflicts.
Chinese lenders backed 2,500 projects, covering almost every U.S. state, from gas pipelines to airport terminals, even as Washington warned developing nations about Chinese debt traps.
China and the EU are important economic and trade partners of each other, and China is willing to work with Europe to effectively implement the important consensus reached by the leaders of both sides,
Beijing capitalises on discounted energy, securing unprecedented Russian shipments in October while global sanctions reshape trade flows.