Published on
13:19 GMT
Is China sleepwalking down Japan’s zombie economy path?
The photo above is not from China; it’s from Japan. In the 1970s, Daiei was Japan’s top retailer. But after Japan’s asset bubble burst around 1990, it became Japan’s most famous “zombie” company — staggering along unprofitably, kept afloat by a constant …
Source:
Asia Times
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