this post was submitted on 15 Feb 2024
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Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession (www.bloomberg.com)
submitted 9 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] bennieandthez@lemmygrad.ml 4 points 9 months ago

The revival of China must've hit both Japan and the quislings hard, a decade ago most of our electronics were either japanese or korean, now they're chinese. Same for cars, they're slowly losing their market share with the emergence of chinese car brands.