Japan’s benchmark jumps, rest of Asia down, on China and virus concerns

China's is the only major economy to experience growth 6%.

The US just saw 6.5% annualized in Q2, and the conference board is predicting 5.9% for all of 2021 for the Biden economy.

Japan and its 237% debt to gdp ratio will not instill much confidence.

Among whom? JT forum posters? Certainly not among global investors, who have become net buyers on the TSE. The FT, Bloomberg, etc have spent the last few weeks arguing that Japan is one of best places to put your money, as it faces no prospect of fiscal or monetary tightening and shares, among other factors.

Really hope Asia recovers.

China too!

Japan and its 237% debt to gdp ratio will not instill much confidence. Wait and see who the next PM is.

The vast majority of Japan's debt is domestic. The gov't can choose to repay this debt any time they choose, via the Bank of Japan. Therefore this is not a problem, as it would be if it was Foreign debt.

China's is the only major economy to experience growth 6%. Even if you don't believe the numbers 3% as the number 2 is a lot. Number 1 has to raise the debt ceiling and print more money again next month. Japan and its 237% debt to gdp ratio will not instill much confidence. Wait and see who the next PM is.

@ Jimizo - you may need to check the world news. Specifically the imploding Communist Chinese building market. Very, very troubling news if you really are invested in that Communist trap.

You said the Chinese economy was ‘in free-fall’ last year. This was wildly off.

I do keep an eye on this things as I work for a company which does business with China.

You do come across as more of a cheerleader for Japan, your ‘Ganbare Japan’ persona, rather than offering serious, dispassionate ideas on this topic among others.

Not very useful.

@ Jimizo - you may need to check the world news. Specifically the imploding Communist Chinese building market. Very, very troubling news if you really are invested in that Communist trap.

Just a friendly heads up.

Things ticking along very nicely! Very good time to invest in the Japanese market.

You told me the Chinese economy was ‘in free-fall’ last year, sport.

News to me and anyone who’s company was doing business with China.

What happened?

Things ticking along very nicely! Very good time to invest in the Japanese market.