China – no Japanification
With some trepidation, I am releasing my first....rap. Perhaps not the vibe you would expect from me, or from a rap, given both it and the accompanying video are another attempt to argue against the idea of Japanification.
For those of you who have suffered through my karaoke, you'll be pleased to know I had nothing to do with the music. That, and the lyrics, are all the work of my good friend Big Daddy Dough.
But we thought we could work together to find another way to try to cool this endless talk about the Japanification of China.
Really, China's economy has problems. But characterising them as Japanification misrepresents both what happened in Japan and what's happening in China today.