Alive and (pretty) well after lost decades, Japan has lessons for China

April 08, 2016

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Tokyo's streets are still hopping, after more than two 'lost decades' of low or flat economic growth.

Mary Kay Magistad

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What China could learn from Japan's experience

A new Asian power rises, fueling awe and anxiety. Its economic rise seems inevitable, until it doesn't. We've seen this movie before, with Japan in the '80s. Now it's China's turn, and while history rarely repeats itself, it can rhyme, and it's rhyming now as China's economic growth slows and challenges, some similar to those Japan faced, mount. So what might China learn from Japan's experience? And how is Japan shaping a new role for itself, so it will continue to matter in this century?