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