• Bloomberg


China’s economic slowdown and market crash often evoke comparisons with Japan’s bust in the 1990s, a period that saw the world’s second-largest economy of the time tip into prolonged stagnation.

Both economies experienced rapid, debt-fueled growth that spurred soaring real estate prices and stock market bubbles. Japan’s run-up eventually ended in a hard landing that the country is still recovering from. The argument says China could end up suffering a similar fate.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.