• Kyodo

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Nearly half of Japanese manufacturers operating overseas expect to see their revenue fall in fiscal 2019, affected by U.S.-China trade disputes and China’s economic slowdown, according to a recent survey by the Japan Bank for International Cooperation (JBIC).

The ratio of such firms rose to 45.2 percent from 33.9 percent in the previous survey conducted in fiscal 2018, showing that more Japanese firms are concerned about the ongoing trade disputes between the world’s two largest economies.

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