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Ping An CIO: China has tools to avoid ‘Japanisation’

Ping An Insurance’s Benjamin Deng believes it’s going to be a ‘multi-year process’ for China to come out of the current development trough, but it won't be 30 years like Japan.
Ping An CIO: China has tools to avoid ‘Japanisation’
Ping An Insurance Group’s investment chief believes China has tools in the box to avoid the similarly themed “lost decades” of Japan, or so-called “Japanisation”, with its population growth being a deciding factor. “But will China be immediately coming out of this scenario? I think it's going to be a multi-year process, starting from now,” Chief Investment Officer Benjamin Deng told AsianInvestor in an interview. Benjamin Deng, Ping An He explained that it could tak…
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