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