William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Doubts remain whether private sector is free again to innovate

Baidu executives celebrate the company's Hong Kong listing in 2019: It is unclear to foreign investors if Beijing's crackdown on tech companies has fully run its course. © Reuters
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."