Friday, August 21, 2015

Japan's finance minister warns China on currency moves

TOKYO (AP) — Japanese Finance Minister Taro Aso said Friday that recent moves by China to allow its currency to depreciate are a concern and could pose problems for Tokyo.

Japan's Nikkei 225 stock index fell 3 percent to 19,435.83 on Friday, slipping below the psychological 20,000 mark on widespread selling.
"Chinese factors are a big part of this, without a doubt," Aso said at a regular news briefing.

Read more... http://www.apnewsarchive.com/2015/Japan-s-finance-minister-says-China-s-currency-moves-a-concern-for-Tokyo/id-12828832fb994b9992aa1e3f415840e8

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