Due to the continuous widening of the yield spread between U.S. and Japanese government bonds, arbitrage trading and short-selling against the yen have caused the Japanese currency to depreciate continuously. Its negative effects are gradually becoming apparent. The "nominal" prosperity of Japan's exports and stock market will ultimately be difficult to sustain. These factors compel the Bank of Japan to take intervention measures. Traditional intervention operations in the foreign exchange market are costly, only address symptoms, and are unsustainable. raising interest rates will not only change the yield spread between the U.S. and Japan, as well as reduce arbitrage and short-selling transactions. In view of the economic logic and Japan's business environment, interest rate hikes are necessary, discussed
ANBOUND’s researcher Chen Li.
>>【Present Value】From the Paris Climate Agreement to the latest in EV policy trends, combatting urban heat, and building more interconnected and environmentally friendly cities, ESI’s staff and senior advisors have been at the forefront of examining these issues from an economic and environmental standpoint. As part of this effort, Econsult Solutions established
ESI Center for the Future of Cities, a strategic initiative with one goal; making cities and regions of all sizes and shapes more competitive, livable, and equitable. They look back on thought provoking reads focused on the growing threat of climate change, the need for sustainability policies and practices, and how communities big and small are working to foster urban resilience.
>> 【KC’s Perspectives: Foreseeable Future Thought】 In a recent
video,
ANBOUND’s founder Kung Chan warned of the prevalence of psychological disorders and mental illnesses in Chinese society that are often overlooked or denied, both by individuals and by society as a whole. Seeking help for mental health issues remains stigmatized in China, contributing to the invisibility of these conditions and their sufferers. This societal opacity contrasts sharply with Western societies, where seeking psychological treatment is more widely accepted. Consequently, many individuals with psychological disorders in China go untreated, leading to significant disruptions in their personal lives and broader societal impacts. The sheer number of individuals affected by mental and psychological disorders in China deserves attention as it presents a formidable challenge, both in terms of public health and social stability.