#Japan's economy contracted at an annualized rate of 2.3% in the third quarter, faster than the previously estimated 1.8%. Japan is facing serious economic challenges stemming from its soaring debt-to-GDP ratio, volatility in its exchange rate, and the shift from prolonged deflation to excessive inflation, said Qu Qiang, a research fellow at the Belt and Road Research Center of Minzu University of China. | CGTN Global Business