Changes

====Current Status====

====Current Status====

Japan's modern economy has many world leading industries and companies, being driven by exports and a mastery of high technology. However, in the 1990s, the economy underwent a major slowdown in part because of overinvestment and an asset price bubble during the late 1980s.  Japan has a huge government debt, which exceeds the Gross Domestic product (176% of GDP) and also faces the challenge of a low birth rate, low immigration and an aging of the population which will further increase the debts.  [[China]] also is becoming a larger economy and a bigger international trading partner than Japan.

Japan's modern economy has many world leading industries and companies, being driven by exports and a mastery of high technology. However, in the 1990s, the economy underwent a major slowdown in part because of overinvestment and an asset price [[economic bubble|bubble]] during the late 1980s.  Japan has a huge government debt, which exceeds the Gross Domestic product (176% of GDP) and also faces the challenge of a low birth rate, low immigration and an aging of the population which will further increase the debts.  [[China]] also is becoming a larger economy and a bigger international trading partner than Japan.

====2011 Quake - Tsunami ====

====2011 Quake - Tsunami ====