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Japan And China

Decent Essays

Chinese and Japanese economies both make up large areas of the worlds economy; however, there are many differences in these countries with respect to economic development and current economic state. Analysis of Japans and Chinas economic development requires the observation of historical components as well as current actions to stimulate economy. The history of Chinese and Japanese economies holds many similarities and differences. Both Japan and China experienced growth in the 1400's, driving for a more advanced societies, with improved economic policies. However, in Japan the economic advances were more significant, especially when taking into account their trade with European nations in the 1500's, allowing for stimulation of their economy from more outside sources than …show more content…

Conversely, Japan's economic growth was not significant in the early 1900's, due to their push towards militarization. Once the 1930's arrived, Japan began to invade China, at this point, both economies were not expanding greatly, most of their resources were being put towards battle as opposed to the trade that was necessary for their economic growth. After the second world war, Japan and China were attempting to repair and grow, despite this, China began to experience a shift in government which would greatly affect their economy, the end of the Chinese Civil War marked the rise of a communist dictatorship. Japan, in the 1960's experienced immense economic growth, with US investing in their munitions and their lack of focus on militarization, Japan experienced 10% average growth. The Chinese dictatorship under Mao can be partially attributed to Japanese growth, due to the fear America held towards the spread of communism, if the United States held influence over Japan, they could keep it as a sphere of influence, thus stimulating the Japanese

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