As one of the developed countries in Asia, Japan has been sought hegemony in Asia because of its strong power in economy. How about its present economic situation？ Today let' s talk about this question. Once a symbol of enormous economic growth, Japan has plunged into a deep recession with the burst of its bubble economy beginning in the early 1990's. This is, without a doubt, the worst economic crisis facing this country since the end of World War Ⅱ. One wonders if Japan can see its way through the storm and overcome these latest doldrums.

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