S. Korea, China alarmed as yen continues slide

South Korea and China are becoming anxious as Japan's aggressive monetary policy continues to push the yen down, and potentially hurting their exports - AFP Photo.

SEOUL: China and South Korea's anxiety over the rapidly falling yen came to the fore on Monday as senior officials said their exporters could be hurt by Japan's attempts to pull its moribund economy out of a two-decade slump.

Beijing and Seoul understand the need for Tokyo to revive its US$5tril economy and escape persistent deflation.