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Why China should stop worrying and embrace ‘Japanification’

If China trades a point of GDP for fuller wallets and better services, ‘Japanification’ becomes a playbook instead of a prophecy of doom.

If China trades a point of GDP for fuller wallets and better services, ‘Japanification’ becomes a playbook instead of a prophecy of doom.

2 days ago·Hong Kong

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South China Morning Post broke the news in Hong Kong 2 days ago on Wednesday, October 22, 2025.

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