Japanese companies expanding into Hong Kong Business sentiment deteriorated significantly November 24, 11:23
JETRO = Japan Trade Promotion Organization survey shows that Japanese companies operating in Hong Kong have seen a sharp worse than last year due to the fact that consumption has cooled due to prolonged protests by students. It was.
This survey is conducted every year by JETRO for Japanese companies based in Asia and Oceania. This survey was conducted from the end of August to the end of September, and responses were received from approximately 5700 companies, or more than 42%.
According to it, the index that subtracted the proportion of companies that answered “deteriorated” from those that answered “improved” compared to a year ago was 3.3 points, which was 20.3 points worse than last year. .
In particular, South Korea had the biggest negatives, with 22.5 points worsening to minus 15.7 points, and Hong Kong, where many companies have entered since China has become the gateway to China, also worsened by 14.3 points to minus 8.4 points Both fell to the level since 2009 immediately after the Lehman shock.
This is because the economy of China, the main trading partner, has slowed due to the confrontation with the United States, and protests by students have been prolonged in Hong Kong. Is because it is cold.
“Since the slowdown of the Chinese economy and concerns over the slowdown of the Asian economy, which is highly dependent on China, are concerned about the slowdown in the Asian region, I would like to gather information and convey it to Japanese companies.” Talking