William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
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A giant screen at a Beijing shopping complex on Feb. 17 shows news footage of Chinese President Xi Jinping shaking hands with Alibaba founder Jack Ma during a symposium on private enterprises. © Reuters
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."