Former PBOC Gov governor Zhou says China should learn from Japan's lost decade

Author: Eamonn Sheridan | Category: Central Banks

Former People's Bank of China governor Zhou Xiaochuan speaking at Chatham House in London (on Tuesday),

  • "Japan had very fast development and later then a so-called lost decade
  • The Chinese economy may have a similar over-leveraged problem, and we need to absorb the knowledge and lessons from what happened."
Zhou referring to the period through the 1990s in Japan. 

Article is here at Reuters for a little more.

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