2min chapter

HSBC Global Viewpoint: Banking and Markets cover image

Under the Banyan Tree – What can China learn from Japan in the '90s?

HSBC Global Viewpoint: Banking and Markets

CHAPTER

The Differences Between Japan and China

Harold: Japan was at a much higher level of economic development than where mainland China is today. He says there are also differences when it comes to the equity market. Harold: The government has much more control over where the money's allocated to that obviously helps you to get out of this issue.

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