Half of Japanese makers operating overseas expect revenue falls

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.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.By industry type, non-ferrous metal companies led the group that expressed concerns over revenue declines in th…READ FULL ARTICLE