Of 502 major Japanese companies surveyed by Reuters, 52% said they expected the slowdown in China to continue into 2025, with 17% predicting weaker economic growth to persist until the end of 2024.
The value of that cross-border economic activity jumped 14% to 43.8 trillion yen ($294 billion) last year, according to the Japanese government.
Japanese companies also operate from more than 31,000 locations in the country.
Some 45% of the firms that responded to the survey said the slowdown in China had affected their businesses.
The Reuters Corporate Survey, conducted for Reuters by Nikkei Research between Sept. 27 and Oct. 6, canvassed 502 big non-financial Japanese firms.
Persons:
Dado Ruvic, Fumio Kishida, Tim Kelly, Stephen Coates
Organizations:
REUTERS, Reuters, Cargo, Reuters Corporate Survey, Nikkei Research, Thomson
Locations:
China, Japan TOKYO, Japan