Caixin

Japan's Age of Plenty

By Mark Clifford


With China set to rocket past Japan to become the world's second-largest economy it's a good time to look at the lessons the island nation holds for China. It was after the Meiji Restoration in 1867 that Japan decided to borrow from the West in order to provide the scientific development for its unique development. Deng Xiaoping's 1978 opening up had much the same aim, using science and the market to unleash the enormous energy of China's people.

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