Entertainment
China and Japan’s Entertainment Sectors Reflect Economic Struggles Amid ‘Japanification’ Fears – IMDb
As reported by the Financial Times, this economic trend is raising fears of “Japanification” in China, where authorities face mounting challenges to support yields, with parallels being drawn to Japan’s economic stagnation in the 1990s. These fiscal and monetary shifts are leaving their mark on both nations’ entertainment sectors, where responses to economic pressures are shaping strategies for growth and sustainability.
China’s entertainment industry is navigating an economic slowdown through robust growth in digital media and advertising. As the Financial Times notes, weakening economic data and deflationary risks have pushed domestic investors toward haven assets like government bonds, reflecting broader economic pessimism. Similarly, entertainment players are leaning on digital innovation to remain viable.
According to a PwC report, the Chinese media and entertainment market is…