Following four decades of unprecedented economic expansion, Japan has experienced sluggish economic growth since the early 1990s. In 1990, Japan began more than 20 years of stagnation and deflation. What are the major reasons? And what lessons did Japan learn from its “two lost decades?” CCTVNEWS invites Heizo Takenaka, director of Keio University to give you the answer.
Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing
Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8
Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv