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Chapter 401 The Rich Japanese

Japan has lost ten years. At that time, Japan was known as the second world economy, but in the end, the economy retreated for ten years due to many factors such as inflation.

In fact, this is a consensus that almost all people in the world have developed about Japan. Then, with the rapid economic takeoff of China, many Chinese people are happy that China has risen and replaced Japan's economic status in the world.

But, is this really the case?

Faced with this incident that the Chinese people were almost proud of the whole country, Wen Feng actually always had deep doubts in his heart.

In his opinion, although Japan suffered extremely heavy losses in the financial catastrophe, the situation was far less than what 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, coupled with Zhang Qing and others paying attention to Japan's economic trajectory in Japan, combined with Japan's development route in the future, Wen Feng finally knew how correct his judgment was.

Under his understanding, he noticed very much that Japan in the 1980s had many similarities with China after 2008.

Japan is also a major exporter, and 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 with cover, so its trade surplus has not been obvious.

Before the 1980s, few people knew that Japan was actually a major manufacturing country. They were also known as the world's factories. Japan's ordinary daily necessities were abundant in various markets around the world. Even Chinese families in the 1980s were proud to own Japanese goods.

However, like the later development of China, when production relations and materials need to reach a critical point, the existence of ordinary manufacturing, that is, processing-intensive processing and manufacturing, will inevitably be despised by the development of the times.

Process-intensive enterprises require too much manpower and are inefficient. The environmental damage is also considerable. When people are increasingly yearning for a more comfortable life and demanding a better quality of life, processing-intensive enterprises will naturally lose the motivation to survive.

By then, if people hope to have a better quality of life, then people will be unwilling tolerate the destruction of the living environment. At that time, people want better living conditions. Then, when facing higher and higher prices, wages will inevitably be required. Process-intensive enterprises, due to their lack of any technological content, the profits they earn are all achieved by cheap labor and harsh means of destroying the environment.

However, due to the development of society and the advancement of the economy, this contradiction is simply irreconcilable, and it will inevitably lead to major social and economic changes, resulting in financial and social turmoil.

In the 1980s, Japan had actually discovered this problem during its rapid development. In the entire 1980s, due to the influence of trade surplus, the Japanese also accumulated a lot of wealth in their hands. They used the US dollar to shop unrestrainedly around the world, buying assets, starting businesses and acquiring mining industries everywhere. Their practices are very similar to those of China in the future.

In the future, when China develops to a certain extent, the requirements for the environment and life will increase, and the existence of a blood-sucking factory like Foxconn will no longer be needed, forcing it to relocate its addresses everywhere.

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