Japan's manufacturing sector surpasses Europe and the US in profit in emerging economies for the first time

by:Gewinn     2022-05-12
According to the 'Nihon Keizai Shimbun' report, the profit statistics of major Japanese manufacturing companies by region in the second quarter of this year show that profits from emerging economies such as China accounted for 23% of the overall profits, surpassing Europe and the United States (19%) for the first time. In the past, the United States has always been the top priority for overseas expansion, but with the continuous improvement of the globalized production and sales system, Japan has continued to invest in emerging economies such as China, resulting in a threefold increase in profit ratios in just four years. In addition, the real economic growth rates of Japan and Europe have entered an era of negative growth, and the US economy is also declining. On the contrary, emerging economies have continued to maintain high growth.
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