Kyodo report.
Yen dropping some floor on this.
–
Frosty relations between China and Japan had been prompted by new Japan PM Takaichi making feedback on Taiwan a few weeks ag0. China reacted with fury and it hasn’t let up.
Yesterday:
- investingLive Asia-Pacific FX information wrap: BOJ Governor Ueda to fulfill with PM Takaichi later
- China escalated strain on Japan, banning journey by state-owned enterprise workers, cancelling tour teams and occasions, and halting Japanese movie releases.
This text was written by Eamonn Sheridan at investinglive.com.
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