, Columnist
The One Thing That Could Derail Japan’s Sales Tax Hike
Abe said a Lehman-like event would shelve a levy increase. We’re not there, but China’s slowdown may be a good excuse.
Man with a plan.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
China may take Japanese fiscal policy hostage.
The fallout from China's slowdown is snaking its way through Asia's economy – and the world – bit by bit, data point by data point. Japanese exports, long considered a strength, just took an enormous hit.