Japan & China: Frenemies

Japan’s new prime minister is on the hook to pull the economy out of its stagflationary slump. That will be tough, William writes, especially now that China has slapped Japan with punishing trade and tourism bans. Whether Trump 2.0 will help Japan out or hurt its economy further is a big question mark. … Also: Chinese AI companies are starting to go public. Should Silicon Valley worry? A host of uniquely Chinese challenges will make success a greater reach for them.