China-JapanrearmamentisKeynesianstimulus, ifitdoesn’tgohorriblywrong
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Asia is on the cusp of a full-blown arms race. The escalating clash between China and almost all its neighbours in the Pacific has reached a threshold. All other economic issues at this point are becoming secondary. Beijing’s implicit threat to shoot down any aircraft that fails to adhere to its new air control zone […]
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