What Is Japanification and Is it Happening to China

What Is Japanification and Is it Happening to China
There are plenty of parallels supporting the case for China’s “Japanification.” Like Tokyo following the burst of the nation’s bubble economy, Beijing is struggling to turn around anemic growth and falling prices, weak loan demand and plunging bond yields, as well as a declining population. The effects for the world of a prolonged slowdown in China would be much larger,... ...

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