Chinas's economic slowdown is of serious concern to corporate Japan. A Nikkei survey revealed that 64.1% of managers at major Japanese companies said the Chinese economic slowdown would have a negative impact on their companies. When asked how they would deal with the slowdown, 17.9% answered that they would consider reducing Chinese production. The latest data from Japan's Ministry of Economy, Trade and Industry (METI) showed that exports fell by 0.7% in January compared to December.
Chinas's economic slowdown is of serious concern to corporate Japan. A Nikkei survey revealed that 64.1% of managers at major Japanese companies said the Chinese economic slowdown would have a negative impact on their companies. When asked how they would deal with the slowdown, 17.9% answered that they would consider reducing Chinese production. Kobe Steel and Hitachi Construction Machinery have already reduced production at their Chinese factories.