It is official: Japan has followed Germany into recession, as defined by two quarters of negative growth. China’s rate of expansion also looks set to slow more than previously expected. What do these countries have in common? All rely on exports to keep their economies going, while their own consumers are reluctant to spend.
根據連續兩個季度負成長的定義，日本已經尾隨德國，正式陷入經濟衰退。中國經濟成長的減速幅度，看起來也將超出先前預期。這些經濟體有什麼共同之處？它們都依賴出口來維持經濟運轉，而國內消費者都不願消費。
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