China should learn from Japan’s lost decade: former official

China needs to learn lessons from Japan’s lost decade to ensure the world’s second-largest economy does not suffer similar problems, former central bank governor Zhou Xiaochuan said on Tuesday.

Debt levels in China are too high, although the Chinese government is taking steps to try to de-leverage the economy, Zhou said in a speech at Chatham House in London.

Click To Read Full Article

LEAVE A REPLY

Please enter your comment!
Please enter your name here