Thursday 15 November 2018
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todayonline - 1 month ago

Growing impact - a third of Japan Inc hurt by U.S.-China trade war - Reuters poll

TOKYO - The number of Japanese companies affected by the U.S.-Sino trade war has jumped to a third, soaring from just 3 percent in May with firms fretting about prospects for their exports from China as well as slower Chinese demand, a Reuters poll found. The survey also showed 53 percent of firms were worried about the fallout from the escalating trade friction and that some, albeit still a small percentage, had begun looking at shifting production of exports out of China to other countries.

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