A vast majority of Japanese firms are upbeat about the outlook for the U.S. economy, a Reuters poll found, a reassuring sign after some market concern earlier this year that the pace of U.S. growth could be slowing.
Most also had a generally positive outlook for China’s economy even if the number of companies somewhat pessimistic about prospects was higher than for the U.S. economy.
The Reuters Corporate survey showed 64 percent of Japanese companies thought the U.S. economy would keep growing at around its current pace while another 19 percent saw it expanding further. Just 17 percent saw growth peaking out or slowing.
On China, 51 percent expected the economy to grow at roughly its current pace and another 14 percent predicted growth would accelerate. But some 35percent saw it peaking out or slowing.
Reference: Reuters