China and Japan may seem to inhabit alternative economic universes. After more than two decades of stagnation, Japan is a fading global power that can’t seem to revive its fortunes no matter what unorthodox gimmicks it tries. By contrast, China’s ascent to superpower status appears relentless as it gains wealth, technology, and ambition. SEE MORE China’s yuan dropped to a record low against a trade-weighted currency basket amid speculation policy makers are using recent dollar weakness to boost the competitiveness of the nation’s exporters. SEE MORE Prime Minister Nguyen Xuan Phuc has approved the equitisation of electricity-generation corporations under the Electricity of Vietnam (EVN), the Vietnam National Oil and Gas Group (PetroVietnam) and the Vietnam National Coal and Mineral Industries Group (Vinacomin). SEE MORE Vietnam’s industrial production index (IPI) in the first ten months of 2016 rose 7.2 percent year-on-year, lower than the 9.8 percent level recorded in the same period last year due to a continuous downturn in the mining industry. SEE MORE Mai Tien Dung, Minister and Chairman of the Government Office, has defended a proposal for hiking Government debt to no higher than 55% of gross domestic product (GDP). SEE MORE