The Debate - China-Japan Currency Swap Deal
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Published on Oct 26, 2018
Japanese Prime minister Abe says his country’s relationship with china is entering a new phase transforming from competitive to cooperative. The two countries leaders have signed a series of major agreements including reviving a currency-swap deal of up to 30 billion dollars. this the bank of Japan says is aimed at strengthening financial stability and boosting business activity in the two countries. what’s brought the two rivals close? what will the prospect of international trade look like given the present circumstances? to begin with, let's watch a background report on the topic.
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News & Politics
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