The rising risk of China turning Japanese

The rising risk of China turning Japanese

The world today is witnessing an unsettling sense of economic deja vu. Beneath the gleaming skyline of Shanghai and the global dominance of China’s electric vehicle industry, the Chinese economy is on a precipice, similar to the one that dashed Japan’s economic miracle three decades ago. The parallels are increasingly striking. If Japan’s story was […] The post The rising risk of China turning Japanese appeared first on Asia Times.