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Karen Maley

Are we on the brink of an Asian currency war?

As tensions over China’s push into high-tech manufacturing flare, analysts warn that it’s only a matter of time before China follows Japan’s lead in competitive currency devaluations.

Will Beijing’s embrace of high-tech manufacturing cause a full-blown Asian currency war to erupt?

That’s the question in foreign currency markets as the Japanese yen plumbs its lowest level since 1990.

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Jill Margo was a senior writer at The Australian Financial Review.

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    Original URL: https://www.afr.com/companies/financial-services/are-we-on-the-brink-of-an-asian-currency-war-20240405-p5fhlo