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→2011 Quake - Tsunami
Japan's modern economy has many world leading industries and companies, being driven by exports and a mastery of high technology. However, in the 1990s, the economy underwent a major slowdown in part because of overinvestment and an asset price [[economic bubble|bubble]] during the late 1980s. Japan has a huge government debt, which exceeds the Gross Domestic product (176% of GDP) and also faces the challenge of a low birth rate, low immigration and an aging of the population which will further increase the debts. [[China]] also is becoming a larger economy and a bigger international trading partner than Japan.
Japan's modern economy has many world leading industries and companies, being driven by exports and a mastery of high technology. However, in the 1990s, the economy underwent a major slowdown in part because of overinvestment and an asset price [[economic bubble|bubble]] during the late 1980s. Japan has a huge government debt, which exceeds the Gross Domestic product (176% of GDP) and also faces the challenge of a low birth rate, low immigration and an aging of the population which will further increase the debts. [[China]] also is becoming a larger economy and a bigger international trading partner than Japan.
====2011 Quake - Tsunami ====
====2011 Tōhoku earthquake and tsunami ====
[[File:Japan quake sendai.jpg|left|200px]]
[[File:Japan quake sendai.jpg|left|200px]]
A massive 9.0-magnitude earthquake and several powerful aftershocks struck the eastern coast of Japan on March 11, 2011 (12:46 a.m. in Washington), triggering a [[tsunami]] that devastated the coastline north of [[Tokyo]] with waves up to 20 meters (66 ft.) high. The earthquake epicenter was in the western Pacific Ocean, 130 kilometers east of [[Sendai]], [[Honshu]] island. The earthquake occurred along the subduction zone between two tectonic plates.
A massive 9.0-magnitude earthquake and several powerful aftershocks struck the eastern coast of Japan on March 11, 2011 (12:46 a.m. in Washington), triggering a [[tsunami]] that devastated the coastline north of [[Tokyo]] with waves up to 20 meters (66 ft.) high. The earthquake epicenter was in the western Pacific Ocean, 130 kilometers east of [[Sendai]], [[Honshu]] island. The earthquake occurred along the subduction zone between two tectonic plates.