China is no 1990s Japan - but it could have been
ING THINK aloud3 Elo 2023

China is no 1990s Japan - but it could have been

As the Western world struggles to tame high inflation, fears of persistent deflation are taking root in China. Prices at the factory gate have been dropping for months and in June, fell at the fastest pace in seven years. Consumer prices, meanwhile, have begun to flatline. The property market is stagnating and the economy overall has been losing momentum, fuelling speculation that China could be facing a prolonged period of decline similar to the so-called Lost Decade witnessed by Japan in the 1990s.

China, the world’s second biggest economy, may indeed be entering a new era, after many years of rapid growth. But ING’s Regional Head of Research in Asia, Rob Carnell, says comparisons to Japan are wide of the mark. In this podcast, he explains why.

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Jaksot(126)

Stablecoins: From 'Wild West' to Mainstream

Stablecoins: From 'Wild West' to Mainstream

Imagine a world where money moves instantly - across borders, systems and time zones, 24 hours a day.For many, that future rests on stablecoins: digital money, backed by real assets, designed to hold ...

26 Maalis 40min

Deals, deployment and digital-free childhoods - Telecoms in 2026

Deals, deployment and digital-free childhoods - Telecoms in 2026

In this podcast, ING’s Jan Frederik Slijkerman discusses the key trends that are set to define the European telecoms sector in 2026

23 Helmi 10min

Pharma 2026: Higher prices, manufacturing migration, China's ascent

Pharma 2026: Higher prices, manufacturing migration, China's ascent

Are Trump’s pharmaceutical policies a seismic revolution, or just hot air? Will he succeed in lowering drug prices in 2026? Will manufacturing shift to the US? And how will all of this impact Europe a...

22 Tammi 25min

The data centre power play - AI, energy and Europe's next move

The data centre power play - AI, energy and Europe's next move

In this podcast, ING's Diederik Stadig, Gerben Hieminga and Coco Zhang discuss the role of data centres in driving global economic growth, strategies to tackle the energy challenge, and what Europe mu...

27 Marras 202519min

Firings, the Fed's future, and the fallout for policy and markets

Firings, the Fed's future, and the fallout for policy and markets

In this podcast, ING's James Knightley and Padhraic Garvey discuss President Trump's efforts to steer monetary policy - and the economic narrative - through high-profile firings at the Federal Reserve...

2 Syys 202521min

Pharma's bitter dose of tariff pressure

Pharma's bitter dose of tariff pressure

The Trump administration has imposed a 15% tariff on EU pharmaceuticals and threatened even steeper levies elsewhere. At the same time, however, the government has issued ultimatums to 17 companies to...

5 Elo 202516min

How far can the dollar fall?

How far can the dollar fall?

The US dollar's historic plunge has sent ripples across global currency markets. As its dominance falters, investors everywhere are asking, how far could it fall - and who stands to gain? In this week...

18 Heinä 202515min

Tariff gambit shifts to August. Then what?

Tariff gambit shifts to August. Then what?

President Donald Trump this week delayed the planned  9 July tariff hikes on US imports, notifying 22 countries that rates could rise as much as 50% on 1 August.The White House had paused these measur...

10 Heinä 202524min

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