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Matt Dusk sings Sinatra in Halifax/PEI/Moncton | SaltWireTOKYO - 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.
"Cargo shipments are stagnant, and it's difficult for cargo handlers to take measures to tackle that," a representative from a transport company said, on condition the company was not identified. China is Japan's biggest trading partner. The value of that cross-border economic activity jumped 14% to 43.8 trillion yen last year, according to the Japanese government. Japanese companies also operate from more than 31,000 locations in the country.
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Most Japanese firms expect China's economic slowdown to persist into 2025Most 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...
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Most Japanese firms expect China's economic slowdown to persist into 2025Most 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...
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