Balance sheet recession - Alchetron, the free social encyclopedia
Balance sheet recession - Alchetron, the free social encyclo…
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Balance Sheet Recession: What It Is and How It Affects You
Balance Sheet Recession: What It Is and How It Affects You
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In an exclusive interview with China Daily, Justin Yifu Lin, dean of Peking University's Institute of New Structural Economics, rebutted speculations that China's economy will follow the steps of Japan in the 1990s into recession. "As long as China keeps up technological innovation and industrial upgrading, incomes of households and profits of enterprises will continuously grow and avoid the path Japan trod," he said. | China Daily
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