Core Insights - The long-term interest rates in China have fallen below those in Japan for the first time since comparable data became available in September 2000, indicating a significant shift in economic dynamics between the two countries [4]. Group 1: Interest Rate Trends - Japan's 10-year government bond yield rose to 1.84%, while China's remained around 1.83%, reflecting a divergence in monetary policy and economic conditions between the two nations [4]. - The inversion of long-term interest rates suggests that China may be facing deflationary pressures, which could lead to further expectations of interest rate cuts by the central bank [2][4]. Group 2: Economic Implications - The reversal of long-term interest rates between China and Japan indicates that both economies are moving in different directions, with potential implications for global economic stability [5].