Japanese Business Votes ‘No’ on China

A recent poll of Japanese business reveals low confidence in China’s economic future, perhaps even more pessimism than American business shows.
Japanese Business Votes ‘No’ on China
(L-R) Japanese Prime Minister Fumio Kishida, South Korean President Yoon Suk-yeol, and Chinese Premier Li Qiang attend a business summit on the sidelines of a trilateral summit at Korea Chamber of Commerce and Industry in Seoul, South Korea, on May 27, 2024. Chung Sung-Jun/Getty Images
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Commentary

Japanese business, once a big fan of Chinese operations and a huge source of China’s investment inflows, has abandoned its former enthusiasm.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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