The Economist (August 15)
“This is the year that the economic plan of Shinzo Abe, the prime minister, should be taking wing…. Yet the economy’s performance has been underwhelming. The problems have been weak industrial production, thanks to a slowdown in exports to America and China, and anaemic household consumption.”
Tags: Abe, China, Consumption, Economy, Exports, Industrial production, Problems, Slowdown, U.S., Underwhelming
Wall Street Journal (September 15)
“The world’s second-largest economy is faring worse than previously thought, with government stimulus measures proving too short-lived to counter China’s sharp real-estate downturn or to prop up flagging factory output.” The slowdown in growth was highlighted by a slump in industrial production which fell to levels last seen during the financial crisis. “The falloff comes as Europe is stumbling and the U.S. recovery looks more moderate than expected, leaving the world in search of economic growth.”
Tags: China, Downturn, Economy, Europe, Factory output, Financial Crisis, Government, Growth, Industrial production, Real estate, Recovery, Stimulus, U.S.
