constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate … cuts and appreciation expectation shocks. For both China and Japan - at different points of time - self-fulfilling runs …

constitute long-term appreciation expectations on yuan and yen, which have made China and Japan vulnerable to U.S. interest rate … cuts and appreciation expectation shocks. For both China and Japan – at different points of time – self-fulfilling runs …

expansion counteracts a crisis triggered by a preceding overinvestment boom, it paralyzes growth in the long term, as Japan …

growing gap between deposits above lending and has compressed interest margins as the traditional source of bank's income …

growing gap between deposits above lending and has compressed interest margins as the traditional source of bank's income …