in this issue
Chemical Week Magazine :: Cover Story
Japan: Exports Offset Domestic Weakness
7:50 AM MST | January 8, 2010 | Robert Westervelt
Modest recovery is expected to continue in Japan, driven by export demand, particularly from China. Domestic demand remains weak, weighed down by rising unemployment and appreciation of the yen. Japanese chemical makers have generally lowered earnings expectations for the fiscal year ending March 31, 2010, citing weak conditions. “We expect real GDP growth of 1.5%” in Japan for 2010, says Kiichi Murashima, economist with Citi (Tokyo). “After a temporary pause in activity early [this year], the Japanese economy will likely return to a growth path...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee