China and Japan’s Entertainment Sectors Reflect Economic Struggles

Image from Variety

• China's long-term bond yields have fallen below Japan's for the first time, a historic shift that signals growing deflationary pressures in the world's second-largest economy.
• Authorities in China face mounting challenges to support yields, drawing parallels to Japan's decades-long economic stagnation, known as 'Japanification', which could spell trouble for the entertainment industry.