Background: Japan central bank has further eased monetary policy at an emergency meeting. It expanded its fund supply to banks, but kept interest rates steady. The moves are in response to a strong yen, and growing political pressure to take action on a faltering economic recovery. Full story >>
Watch VideoPlay Video
For more we're joined by Professor Xiang Songzuo, from Renmin University's Center for International Monetary Research.
Q1. How effective do you think the BOJ's new easing efforts will be, especially in weakening its currency against the dollar?
Q2. Japan's economy is now facing a lot of challenges: deflation, a strong yen, growing jobless rate and the outflow of investments. The Japanese government is expected to issue a new economic stimulus package... what do you expect that to include?
Q3. It seems there's a wave of quantitative easing in the US, Europe and Japan. Is it necessary?