• Kyodo

  • SHARE

The government downgraded its headline assessment of Japan’s economy for the first time in three years on Wednesday, citing a slowdown in exports to China, but denied the economy had fallen into recession.

In the March edition of its monthly economic report, the Cabinet Office said the world’s third-largest economy is “recovering at a moderate pace while weakness is seen recently in exports and industrial production in some sectors.”

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)