OPEC+ output cut will add to Asia's economic stress
Region's central banks forced to consider more tightening
An oil tanker offloads its cargo in Yantai, China: As the world's top oil importer, China is bound to feel the impact of higher prices.(Imaginechina via AP)
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
To Asian markets still reeling over Credit Suisse's near-death experience, OPEC+ is effectively saying "hold my beer."
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.
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