Nov 16, 2023 // Japan has revitalized its economy and taken on a more active and rearmed foreign policy. The Communist Party of China, meanwhile, has undergone a political and economic regression. These divergent paths could ultimately lead to a tense face-off, writes Chris Patten.
When Japan s economic bubble burst in the mid 1990s, brewers took advantage of lesser taxes for cheaper alternatives to malt, which rapidly took over the market. But this hurt Japanese beer s global competitiveness. Now tax on real beer has been cut, but brewers argue the prevailing rate is still 14 times Germany s and seven times that of the US
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(Bloomberg) The Bank of Japan’s tweak to its yield curve control mechanism created another reason to take a look at the nation’s fiscal conditions, as Tokyo seeks to expand spending on defense and childcare while shouldering a massive public debt.Most Read from BloombergQQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’The Strange Story Behind ‘Baldur’s Gate 3,’ One of th