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Bank of Japan Moves to Fight Deflation

The Bank of Japan set an ambitious 2 percent inflation target and pledged to ease monetary policy “decisively” by introducing open-ended asset purchases

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  DealBook: China’s Focus on Aerospace Raises Security Questions
As Beijing's leaders try to find new ways to invest $3 trillion of foreign reserves, aerospace deals prove attractive even as they give the West a reason to wonder about security threats.

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