177 - Is China the new Japan?

We examine the similarities between China in 2022 and Japan in 1990. The trajectory of huge export-led growth, dragging Japan in the 1950s, 60s, 70s out of the post-WW2 morass, and China in the 1990s, Noughties and Teens out of the post-Mao torpor, leading to an internal domestic bubble, fuelled by property, real estate speculation and excessive bank lending. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.