Bank of Japan Governor Kuroda speaking in the Japanese parliament
- China's economy slowing quite significantly since latter half of last year
- Expect China's economic growth to pick up in latter half of this year as authorities have taken fiscal, monetary stimulative steps
- net burden on households from this year's scheduled sales tax hike likely smaller than previous hike in 2014
- BOJ watching impact of sales tax hike on economy carefully as it could change depending on consumer sentiment, job and income conditions at the time