Posted inBeijing, China, Japan, North Korea, Northeast Asia, South Asia, South Korea, World

Asia stumbles into year of the currency war

By his own metrics, US President Donald Trump is losing the trade war, and humiliatingly so. Sure, China’s gross domestic product is taking big hits, no matter what Beijing admits in official data. Trends in exports, fixed-asset investment, purchasing managers’ orders and Apple Inc’s earnings are all evidence of a marked downshift in mainland activity. But Trump […]