China's slowdown could be just a blip, if 1960s Japan is a guide
Add BT as a preferred source
Hong Kong
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-fuelled 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.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential liabilities from legal disputes
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre
