CLEAN: Japan's economy lags behind China as growth slows

The transcript discusses Japan's economic challenges, highlighting the disappointing growth figures and reliance on exports. It addresses the impact of a strong yen on export competitiveness and the potential slowdown in global demand. The possibility of government intervention in foreign exchange markets is considered to stabilize the economy. The transcript also touches on China's economic rise and Japan's lack of aggressive policy response, leading to minimal domestic economic reform.

What is the speaker's perspective on the Japanese government's response to China's economic rise?

Discuss the current state of economic reform in Japan as mentioned in the text.