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2023-01-25 08:24:55

Japan cuts economic view as exports to Asia weaken

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Channel NewsAsia
By Cna

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TOKYO : Japan cut its view on the overall economy for the first time in 11 months in January, as China's COVID-19 infections and a slowdown in global demand for tech and semiconductors hurt exports, especially to Asia.

The government expects the economy, the world's third largest, will pick up going forward but Japan needs to pay full attention to the impact from China's spreading infections after it dropped stringent pandemic curbs, the report said.

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