China needs to learn from Japan’s lost decade to ensure the world’s second-largest economy does not face similar problems, former central bank governor Zhou Xiaochuan said on Tuesday, according to Reuters. The lost decade refers to the period of economic stagnation in Japan that began in the 1990s. Key quotes Japan had very fast development and later then a so-called lost decade. The Chinese economy may have a similar over-leveraged problem, and we need to absorb the knowledge and lessons from what happened. After so many years China is much more confident to have further reform and open-door policy, although the pace of reforms has been slow. Further overhauls needed to help develop capital markets and revamp the pension system. We stand for free trade and investment and multilateralism. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ETH/USD price prediction: ETH/USD sandwiched by heavy lines of support and resistance as market sees a sluggish Tuesday. FX Street 4 years China needs to learn from Japan's lost decade to ensure the world's second-largest economy does not face similar problems, former central bank governor Zhou Xiaochuan said on Tuesday, according to Reuters. The lost decade refers to the period of economic stagnation in Japan that began in the 1990s. Key quotes Japan had very fast development and later then a so-called lost decade. The Chinese economy may have a similar over-leveraged problem, and we need to absorb the knowledge and lessons from what happened. After so many years China is much more confident to have further reform and open-door policy,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
