Fewer Japanese Firms Planning to Expand in China
Tokyo, Nov. 21 (Jiji Press)--Fewer Japanese companies are willing to expand operations in China than before as the Chinese market is shrinking amid an economic slowdown, a survey by the Japan External Trade Organization showed Tuesday.
The proportion of Japanese firms planning to expand in China in one or two years hit a record low of 27.7 pct since comparable data became available in 2007, down from 48.7 pct in 2018, before the COVID-19 pandemic, according to the survey.
(2023/11/21-17:33)
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