Will China fall flat on its face just like Japan?
Editor's note: Let me remind everyone that when the west asks questions like "Will China fall flat on its face just like Japan? It means they want China to fall flat on its face like Japan, so that it can continue dominating the markets and development. The west hates competition.
Here's what the always demagogic and disinforming state owned BBC had to say.
In the late 80s, Japan was the Godzilla economy.
Its output had grown 50-fold in the space of a generation, and Japan had seemingly overtaken the US as the most hi-tech nation. For many observers it was just a matter of a decade or so before Japan would become the world's biggest economy and its third superpower.
But, of course, things didn't turn out that way. Instead, in 1990 Japan's stock market and property market both crashed spectacularly, leaving two decades (and counting) of economic stagnation in their wake.
The more recent giddy rise of China's dragon economy is chillingly familiar.
And many sceptical commentators have drawn the analogy with Japan, saying it is destined for a fall. But is this fair?
We have put the two head-to-head, so you can decide:
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