National Government
Appears in 3 stories
Increasingly forced to manage FX optics and inflation politics as higher BOJ rates fail to immediately strengthen the yen
Japan's shift away from ultra-easy money is now colliding with the currency market. After raising rates to 0.75% on December 19, 2025, Governor Kazuo Ueda stressed real rates remain 'very low' or negative and the BOJ will pace tightening while responding flexibly to exceptional long-term yield moves.
Updated Yesterday
Managing simultaneous military, diplomatic, and economic clashes with China while relying on U.S. backing.
Chinese J-15 jets from the carrier Liaoning repeatedly locked targeting radar onto Japanese F-15s near Okinawa on December 6, forcing Japan to scramble jets and file an emergency protest. Days later, Washington publicly accused Beijing of destabilizing behavior and vowed its commitment to Japan was "unwavering."
Updated 6 days ago
Primary state actor confronting Chinese military activity and redefining Japan’s security role
In early December 2025, China's Liaoning carrier strike group sailed through waters near Japan's southwest island chain and into the western Pacific. Over two days, between Okinawa's main island and Minamidaito and then east of Kikai Island, it conducted roughly 100 take-offs and landings of J-15 fighters and helicopters.
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