At a summit meeting in December 2011, China and Japan agreed to improve cooperation on developing their financial markets. The agreement covers the settlement of cross-border trade and investment using the two currencies, the direct exchange of the two currencies, the purchase of Chinese...

Many Japanese firms have operations in Asia, and Thailand, which ranks second behind China in the number of overseas subsidiaries of Japanese firms it hosts, is an important location for manufacturing and products/service distribution. Following the Asian financial crisis of 1997, Thailand has...