East Asia

Bank of Japan Holds Rates at 0.5% amid Global Uncertainty
Lanie Tang Lanie Tang

Bank of Japan Holds Rates at 0.5% amid Global Uncertainty

The Bank of Japan (BOJ) held its short-term interest rate at 0.5% in its March 19 meeting. The decision was widely expected, reflecting the central bank’s cautious approach as U.S. trade policies and a slowing Chinese economy weigh on Japan’s outlook.

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The Implications of the China-U.S. Tariff Battle
Noa Teiblum Noa Teiblum

The Implications of the China-U.S. Tariff Battle

Global markets have been shaken this past week by a tariff tit-for-tat between the U.S. and China, as both countries engage in what has been described by Chinese officials as a “fight to the end.” This tariff war is unique as President Donald Trump reversed the majority of his “reciprocal tariffs” on dozens of other countries—keeping a universal 10% on all imports to the U.S.—while elevating those against China due to a perceived “lack of respect” at the country’s decision to retaliate. 

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China’s Parliamentary Session Begins: Main Foreign Policy Takeaways
Noa Teiblum Noa Teiblum

China’s Parliamentary Session Begins: Main Foreign Policy Takeaways

 Yesterday marked the start of China’s 14th National People’s Congress (NPC) in Beijing, a week-long meeting attended by top Chinese Communist Party (CCP) leadership including Chinese President Xi Jinping, the Politburo Standing Committee, and over 3,000 delegates from across the country. The session, also known as Two Sessions, is a means for top leadership to convey decisions about the priorities of the CCP for the next year, including economic and foreign policy decisions.

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Japan and the Philippines Bolster Defense Ties Amid South China Sea Tensions
Lanie Tang Lanie Tang

Japan and the Philippines Bolster Defense Ties Amid South China Sea Tensions

 As China’s assertiveness grows in the South China Sea, Japan and the Philippines have further deepened their security partnership. Building on the 2024 Reciprocal Access Agreement (RAA), which allows Japanese forces to deploy in the Philippines for military and humanitarian operations, the two countries signed a new defense framework enhancing technology sharing. The initiative signals mounting regional concerns over China’s actions and reflects Japan’s expanding role as a key security player on the global stage.

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