Japanese firms anticipate prolonged China slowdown, BoJ official reveals
globalreutersOctober 7, 20241 Mins read Western Japan Firms Expect China Slowdown to Persist, Says BOJ Official
Many companies in western Japan, particularly in electronics, are adjusting their business plans to account for a prolonged slowdown in exports to China, according to Bank of Japan’s Osaka branch.
These firms also prefer stable exchange rate movements, given their sensitivity to currency fluctuations.
This article was written by Ryan Paisey at www.forexlive.com.
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