ORLANDO, Florida, June 28 (Reuters) – Japan and China may be signaling that they want their currencies to stop weakening too much, but the reality is depreciating exchange rates will help give Asia’s economic giants the inflation and competitive edge both are currently seeking.
What’s more, deepening trade links between the two countries and competition for share of the manufacturing supply chains spreading across the continent mean neither will want their currency to strengthen against the other, if they can help it.
