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Published online by Cambridge University Press: 07 May 2025
[This article by Eamonn Fingleton exemplifies the “Japan as Number One” genre, a type that has become such a rara avis in recent years that it seemed virtually extinct. The conventional wisdom among international economists as well as Japanese neoliberals, is that Japan is washed up and has to learn from America. Using Japan's trade with China as an example, Fingleton raises compelling questions about the failures of American industrial and trade policy.