Is China headed for its own ‘lost decade’?
Since the bursting of China’s real-estate bubble in mid-2021, there has been a growing concern that the country’s economy could end up like that of Japan in the early 1990s.
In this Bruegel podcast, Yuyun Zhan invites Alicia García-Herrero and Jianwei Xu to discuss China’s structural deceleration, the striking similarities and key differences with Japan’s experience, and what this could mean for Europe and the global economy, as explored in their latest policy brief.
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About the speakers
Yuyun Zhan
Press and communications officer at Bruegel
Alicia Garcia Herrero
Chief Economist for Asia Pacific at Natixis, Senior Fellow at Bruegel, Non-resident Senior Follow at the East Asian Institute, Adjunct Professor at the Hong Kong University of Science and Technology
Economist specialized in monetary and financial issues in emerging markets, banking crises and resolution strategies, financial development
Jianwei Xu
Senior Economist for Asia Pacific at Natixis, Non-resident Fellow at Bruegel
Specialist in international economics, labour economics and Chinese economy