Japan's 2% inflation target may be delayed due to China

Deputy econ minister Nishimura rolling out the excuses

  • China slowdown damping oil and natural resource prices
  • China has to change economic structure in the long term
  • Still hopes CPI target will be achieved as soon as possible
  • BOJ says target is H1 2016 but regarding this monetary policy, we'll leave it to the BOJ to handle wisely

Bloomberg with the comments

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