Posted inAT Finance, Beijing, China, Indonesia, Japan, North Korea, Northeast Asia, Philippines, Shanghai, South Asia, South Korea, Thailand, United Kingdom, World

Economic realpolitik brings Asia’s big guns together

Nothing beats a potential financial crisis to bring geopolitical rivals together. This dynamic was on full display in Beijing Friday when the premiers of China and Japan joined hands on a US$30 billion currency swap, a yuan clearing bank and business deals worth billions. The steps agreed upon by Chinese Prime Minister Li Keqiang and […]