Monday morning links
Nippon Sanso, Metals X, Japan Reliance Service Corporation
The CCP’s 20th Party Congress has concluded. The main takeaway is that Xi Jinping has secured a third term and installed loyalists in key positions. Expect more of the same: a focus on building up state-backed national champions.
Yesterday, I published a post about the potential winners of a weak Japanese yen. Automakers, commodity producers, banks and semiconductor equipment makers are likely to benefit, while electric utilities and airlines will be at a disadvantage.