China needs to learn lessons from 1990s Japan

The essence of their message revolved around two words: “clearing prices”. As Japan reeled from the collapse of the 1980s property bubble, US officials urged its government to inject transparency into ... ( read original story ...)

Property sector critical to growth

This is indeed a portentous ingredient of Japan's balance-sheet recession. Unlike Japan during its lost decades after the collapse of its property bubble, China faces its own significant structural ... ( read original story ...)