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Japan firms see prolonged Sino-U.S. trade war, China slowdown to persist
And nine in 10 think China’s economic slowdown will persist at least through late this year, with more than half anticipating the world’s second-largest economy will slow further in 2020 or beyond, the monthly Reuters Corporate Survey showed. Japan’s economic expansion under the stimulus policies of Prime Minister Shinzo Abe is sputtering just as it vies to become the country’s longest postwar boom, with export demand slumping in major markets, especially China. The trade war between the global titans - Japan’s key export markets - has already curbed world trade, dealing a blow to the export-reliant ... (full story)