Many Japanese companies face a serious situation falling profits Paul Pogba Jersey , economists forecast, the Japanese government and central bank may increase the additional stimulus efforts. In the last year the Bank of Japan interest-rate meeting, is expected to adopt a more accommodative monetary policy.
Appreciation of the yen, the Japanese manufacturing industry in crisis, struggling for several spring and autumn, and finally devastating. 15 December, the Bank of Japan quarterly survey showed appreciation of the yen and the slow economic recovery abroad David de Gea Jersey , Japanese manufacturing confidence index fell for the first time in two years. In addition, the stimulus effect of diminished export more difficult, fear of Japanese economic growth in the fourth quarter of decline. Japan's Hakuhodo research institute of life and learning also released a day before the survey reported that if the country than Zuoren, Japan, the equivalent of 50 years of age, has an old-fashioned, while China is equivalent to 30 years old high-spirited Manchester United Jersey , promising young people.
Growth in the fourth quarter there is no guarantee
According to the survey, Japan's fourth-quarter business climate index for large manufacturers from the previous quarter's 8% to 5%, the index is the first decline in seven quarters, possibly even next year in March dropped to -2%. A direct reflection of lack of confidence in the export manufacturing sector weakness, the report allows investors to the sustainability of Japan's fourth-quarter economic growth is concerned about the Bank of Japan may increase the expected value of the additional monetary stimulus is also heating up.
Annual rate, economists predict the fourth quarter of Japan's economic growth may be 1.9%, while the third quarter of grant program to stimulate the economy in the car under the 4.5% growth rate.
BNP Paribas Ryutaro Kono Benjamin Mendy Jersey , chief economist in Japan, said: "Japan's economy has fallen into dormancy, overseas demand is not high result of slowing exports and the government stimulus package near the end of the manufacturing industry confidence index is the main reason for the appreciation of the yen only a subsidiary factor. "
Last week, Japan revised the first 9 months of this year's economic data, said after the first 9 months was still higher than Japan's total GDP in China, ranking second in the world, many economists say Japan's ability to return to the world's second largest economy in the throne David Silva Jersey , the key depends on fourth quarter economic growth. The data show that from October, Japanese industrial output value has been set in February 2009 the largest decline, export a modest but higher unemployment. Japanese government is aware of the changes in the industrial sector, so the December 14, Japanese Prime Minister Naoto Kan announced that it would cut 5% of corporate tax to ease the burden on enterprises, stimulate investment and increase employment.
Tide and rival South Korea
Matsushita Electric Industrial Co., Ltd. President Fumio Ohtsubo said recently that the yen weakened the competitiveness of domestic enterprises Kevin De Bruyne Jersey , but cheaper rivals South Korea, such as Samsung to expand the sales momentum. Ohtsubo said the yen against the U.S. dollar is still up, but won it started to depreciate significantly, he said: "The yen is eating Japanese companies in overseas markets, the competitive pressures in Korea, the Japanese company's U.S. and European sales market is likely to fall. "
In contrast, South Korea Sergio Aguero Jersey , unemployment is falling. November, South Korea, the unemployment rate has dropped to a low of 6 months, to 3.2%. South Korean manufacturers obvious competitive advantage, the government is encouraging its workers to expand the scale.
Many Japanese companies face a serious situation falling profits, economists forecast, the Japanese government and central bank are likely to learn the U.S. practice Raheem Sterling Jersey , increase the additional stimulus efforts. The central bank has spent 5 trillion yen in government bonds and corporate bonds and other assets. 20 to 21 December, the Bank of Japan will hold the last meeting on interest rates during the year, is expected to adopt a more accommodative monetary policy. I think that it’s gone really well. When people are reviewing Star Wars: The Old Republic or commenting on it, it’s almost universally positive when it comes to the storytelling, the ability to make choices in the story, and the companion characters. When we do internal polling and get test data feedback from our players, players two favorite parts of the game are always story choice and characters. I think we focused on it and were successful and people are also enjoying those additions to the online space. It has helped that it’s differentiated us from the other online games out there Vincent Kompany Jersey , so that’s been really useful.