Could a Japan-style economic crash hit China?

TOKYO: Sizzling property prices, a groaning debt load, wealthy tourists and tycoons willing to slap down eye-popping sums for art: China is starting to look like Japan before its economic bubble burst in the early 90s.

The similarities are not lost on Beijing: President Xi Jinping has commissioned a study to help China avoid Japan’s pitfalls, according to Bloomberg, as growth slows and ratings agencies sound the alarm over its debt.