Macro Hive Conversations With Bilal Hafeez cover image

Mikihiro Matsuoka on Japan Inflation, BoJ Outlook and Debt Problems

Macro Hive Conversations With Bilal Hafeez

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Will China's Reopening of the Economy Help Japan?

We think that Japan is still in recovery mode, but this is getting weaker because on one hand, we have delayed start of the reopening since last year. The ongoing global recession or how we call it slowdown starts to weigh on my manufacturing sector so that they are now competing to each other. For example, in the first world last year, Japan's growth was only at 0.6% annualized. So I think already we are facing stronger ahead of them from the global economy, despite our own payment from the reopening of the economy. On the global side, now we are seeing China reopening. We saw quite a dramatic end of zero COVID in December last year. So

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