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Nearly 80% of Japanese firms predict slowdown

08-17-2010 08:31 BJT

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A survey of Japanese enterprises suggests the country's economic growth is showing signs of weakening. Of the 107 companies surveyed, 74 said the economy is gradually expanding. But 84 fear the economic development may slow in the near future.

Among reasons for concern, the majority of the 84 think it has something to do with what's going on overseas, while other companies worry about the appreciation of the Yen and the fading effect of incentives as the main reason.

Analysts say confidence is waning as stimulus measures run out of steam.

Editor:Xiong Qu |Source: CNTV.CN

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