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Chen Gong: Long-term Side Effects are Hidden in Abenomics

Alone with the continuous implementation of "Abenomics", the exchange rate of Japanese Yen has been sharply depreciated since this May. ANBOUND chief researcher Chen Gong views that it is still need to wait and see whether Abe"s economic responses will make sense. For Japan, only adopting measures to reduce immigration restriction can address the economic dilemmas from the root. The various so-called and wild economic responses will generate obvious side effects in the long run, and will eventually be abandoned. Abe’s policies similarly can not escape from the destiny.

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