text: I don't think this is an accurate description of what happened in Japan, which had far more to do with demographic change than anything else. China is facing the same demographic change, only more severe, so we can expect the Chinese economy to slowdown and turn inward in the next 20-30 years. Bombardier of course may be long gone. The real solution is for Canada to invest a lot more in transit and to be more innovative. Even then, it will be a tough slog and will require commitment and excellent management.