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Fewer Japanese Firms Planning to Expand in China

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.

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AFP-JIJI PRESS NEWS JOURNAL


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