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Text Chapter 401 Rich Japanese

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    Japan had a lost decade. At that time, Japan was known as the world's second economy. In the end, its economy regressed for ten years due to inflation and many other factors.

    In fact, this is the consensus of almost all people in the world about Japan. Then, with the rapid take-off of China's economy, many Chinese people are content with themselves. China has risen to replace Japan's economic status in the world.

    But, is this really the case?

    Faced with this incident that almost made the whole country proud, Wen Feng actually had deep doubts in his heart.

    In his opinion, although Japan suffered extremely heavy losses in the financial catastrophe, the situation was far from as bad as the world thought, and the situation was even far better than everyone expected.

    After studying Japan's economy and understanding Japan's status in the world at that time, plus Zhang Qing and others paying attention to Japan's economic trajectory in Japan, combined with Japan's development route in the future world, Wenfeng finally knew what his judgment was.  correct.

    With his understanding, he noticed that Japan in the 1980s and China after 2008 had many similarities.

    Japan is also a big exporting country. Its trade surplus has always existed, and it is far stronger than that of China later. However, the Japanese government has always had Americans to help them cover it, so its trade surplus has not been obvious.

    Before the 1980s, few people in Japan knew that Japan was actually a big manufacturing country. They were also known as the world's factory. Japan's ordinary daily necessities were abundant in various markets around the world. Even Chinese families in the 1980s owned Japanese products.  Glory.

    but.  Like China's later development, when production relations and material needs reached a critical point, ordinary manufacturing industry.  That is to say, the existence of processing-intensive manufacturing industry must be spurned by the development of the times.

    Processing-intensive enterprises require too much manpower and are inefficient.  The damage to the environment is also considerable. When due to economic development, people increasingly yearn for a more comfortable life and demand better quality of life, processing-intensive enterprises will naturally lose the motivation to survive.

    By that time, people hope to have a better quality of life, then people will be intolerant of things that damage the living environment. At that time, people want better living conditions.  In the face of higher and higher prices, wages will inevitably rise. However, since processing-intensive enterprises do not have any technological content, their profits are obtained entirely from cheap labor and the destruction of the environment through harsh means.

    ¡°However, due to the development of society and the advancement of the economy, this contradiction is simply irreconcilable and will inevitably lead to major social and economic changes.  This creates financial and social turmoil.

    Japan in the 1980s had actually discovered this problem during its period of rapid development. Due to the influence of trade surplus throughout the 1980s, the Japanese also accumulated a large amount of wealth in their hands, and they used US dollars to shop wantonly around the world.  They are buying assets everywhere, starting businesses and acquiring mining industries. Their approach is very similar to that of China in the future.

    In the future, when cities in China develop to a certain level and the requirements for the environment and life improve, there will no longer be a need for blood-sucking factories like Foxconn, forcing them to relocate everywhere.

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