The 30 Years of Japan's Economic Recession: Lessons for China

Ziyan Huang

doi:10.62051/ijgem.v8n2.05

Authors

Ziyan Huang

DOI:

https://doi.org/10.62051/ijgem.v8n2.05

Keywords:

Japanese economy, Lost 30 years, China, Economic transformation, Policy adjustment, Population structure

Abstract

Japan's "Lost Thirty Years" of economic decline represents not merely an economic cycle adjustment, but a profound crisis stemming from policy missteps, structural transformation failures, and demographic-social shifts. China currently faces multiple challenges including a real estate downturn, soaring debt levels, and population aging - scenarios strikingly similar to Japan's 1980s-1990s period. By analyzing the root causes of Japan's economic collapse - such as policy errors, asset bubble bursts, population aging, and industrial hollowing out - this study explores their implications for China's ongoing economic transition. The analysis aims to help China avoid similar risks and achieve sustainable development.

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