14:09 (05:09)⇢China-US Launch New Economic Consultation Mechanism
⌨The newspapers report on significant developments in US-China trade relations, with both countries agreeing to establish an economic consultation mechanism to handle mutual concerns following ministerial talks in Geneva (Kyodo News English, The Japan Times). In corporate news, Sharp is selling its Kameyama No. 2 LCD panel factory to parent company Foxconn (Hon Hai) as declining panel prices due to Chinese mass production have hurt profitability (Nikkei Shimbun). Meanwhile, South Korea's election campaign has officially begun, with candidates focusing on addressing economic challenges and supporting key industries (Nikkei Asia).