China and Japan face monetary dilemmas at the outset of 2024. Image: Getty / Screengrab / Al Jazeera

TOKYO – For all the questions surrounding the US Federal Reserve, the real drama this year concerns the People’s Bank of China and Bank of Japan. It falls to PBOC Governor Pan Gongsheng in Beijing to stabilize Asia’s biggest economy and battle deflationary forces without re-inflating asset bubbles. Over in Tokyo, BOJ Governor Kazuo Ueda is under […]

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