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China's rise lifts Japan: the latest figures show that a rising China is less threat than potential savior.(Upfront)
FOR MORE THAN A DECADE, pundits have been hopefully calling the bottom of the cycle and willing the world's second biggest economy to finally recover from the bursting of the 1980s bubble; they have been answered with over 10 years of disappointment and deepening slump.
That long run of misery has generated a view which holds that Japan may now never reproduce the sort of aggressive, export-led growth that made it such a fearsome force in the past. Looming over that reasoning is the growing influence and prosperity of China, and at a quick glance it does appear to pose a colossal threat. China also seems to be aiding and abetting Japan's other chief source of ...
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Source: HighBeam Research, China's rise lifts Japan: the latest figures show that a rising China...