Caixin
Dec 19, 2023 09:40 AM
CX DAILY

CX Daily: China May Find Cure for Stagflation by Studying Japan’s Experience

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Cover Story: China may find cure for stagflation by studying Japan’s experience

Amid strong wage growth and rising prices, Japan is finally emerging from the quagmire of almost three decades of deflation. As China faces similar challenges that its neighbor did 30 years ago, Japan’s experience may offer lessons to Chinese policymakers about how to battle prolonged stagnation.

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