Noah Smith In the past year, a huge amount of money has been flowing out of China. In the past, when this happened, it was because the Chinese central bank was buying foreign assets. But this time the People’s Bank of China has been selling foreign assets — it’s China’s citizens and companies that are sending their money overseas. …

  Markus Winter SPECIAL TO EMIRATES BUSINESS Kasumigaseki vs Nagatacho – Japan’s powerful bureaucracy versus its political center. For the past three years, Prime Minister Shinzo Abe has decidedly tilted the balance in the latter direction. After over half a century of almost unbroken LDP (Liberal Democratic Party) rule, the Democratic Party (DPJ) won a landslide victory in 2009 to …

  Bloomberg Japan’s real estate investment trusts have soared in value to become the priciest in the world. More purchases by one of the biggest investors in the landlord business — the Bank of Japan — may help propel prices even higher. Buying by the BOJ has helped boost premiums on J-REITs, which manage rental properties such as apartments, offices …