China has motivation to devalue the yuan as Japan lets the yen fall down and down. Image: Agencies / Twitter
TOKYO — As Xi Jinping puts the finishing touches on securing a third term as Chinese president, his team has a Japanese yen dilemma on its hands. And so does Tokyo. On Thursday, the Bank of Japan made a sudden foray into currency markets. It was Japan’s first effort to prop up the yen since […]
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