SHANGHAI/BEIJING -- China's economy is showing signs of falling into a similar slump as Japan after the end of its asset-price bubble, with uncertainty sapping business and consumer appetite for spending as population decline sets in.
Weak inflation, aging population and excess savings echo post-bubble Japan
China's economy has struggled to get back on track even after the end of the zero-COVID policy that locked down commercials hubs like Shanghai. © Reuters
SHANGHAI/BEIJING -- China's economy is showing signs of falling into a similar slump as Japan after the end of its asset-price bubble, with uncertainty sapping business and consumer appetite for spending as population decline sets in.