William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
Structural cracks are drowning out modest stimulus efforts

Chinese President Xi Jinping and his team should stop treating the symptoms of the country's economic troubles and address the underlying causes. © Reuters
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."