MOFCOM said China and the EU will hold the second regular meeting of the China-EU Trade and Investment Dialogue this autumn.

BOC Governor Macklem warned the rise of hedge funds in sovereign debt markets raises concern that disruption in the repo market could trigger rapid forced liquidations.

A private member of Japan’s Council on Economic and Fiscal Policy said the Bank of Japan should continue raising rates at a moderate pace, ideally every six months, to correct excessive yen depreciation. He said that pace would not harm domestic investment and expects the BOJ to hike at year-end, again in summer next year, then pause. He added he personally regards a June hike as appropriate, warning that delaying would risk further yen weakness and hurt households.