Masatsugu Asakawa, vice finance minister for international affairs (which means in charge of yen intervention decisions)

  • downside risks in global economy persist due to China-US trade war, China slowdown
  • Hope China, US. will tackle not just trade issues but also china's structural problems
  • Chinese economy slowing but stimulus measures should prevent sharp downturn
  • Always monitoring FX market, stand ready to respond to excess volatility, disorderly moves

Speaking in an interview with Reuters