-
Most Japanese firms expect China's economic slowdown to persist into 2025
Most Japanese companies expect a slowdown in China's economy to persist into 2025, with nearly two thirds of firms that operate there looking to shift some production elsewhere in search of sales in other markets, according to a Reuters monthly poll. That cautious outlook comes even though recent data suggests that an economy weighed down by infrastructure project debt and a downturn in property values has bottomed out. China's factory activity in September expanded for the first time in six months, with sales growth accelerating in August. Of 502 major Japanese companies surveyed by Reuters, 52 per cent said they ... (full story)