Is China Turning Japanese?

Tune in to "The More Freedom Foundation" as we look into the intricacies of the Chinese economic slowdown and illustrate intriguing parallels with Japan's economic history. In the past few decades, China's meteoric rise has captured the world's attention, transforming it into an economic powerhouse. However, like any economic giant, it is not immune to the ebbs and flows of the global economic tides. Lately, signs of a slowdown have emerged, raising questions about its implications for China and the world. But is there something even worse in store? From the 1990s until the 2010s Japan endured decades of stagnation. There are many reasons, including demographic decline and dependence on foreign trade for economic growth, that make it seem possible that China will experience something similar. This would be a great tragedy for China, and for the world in general. Join Rob & Ruairi as they tease out some of arguments for and against the Japanification of China's economy, now and in the future. This episode was greatly informed by the work of the Odd Lots podcast, Money & Macro Talks, Richard Koo & Michael Pettis. ⁠⁠⁠Patreon⁠⁠⁠ ⁠⁠⁠Website⁠⁠⁠ ⁠⁠⁠Books⁠⁠⁠ ⁠⁠⁠Twitter⁠⁠⁠ ⁠⁠⁠TikTok