国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

World / Flash

Rise in Japan sales tax may hit China exporters

By Li Jiabao (China Daily) Updated: 2014-04-02 09:25

Rise in Japan sales tax may hit China exporters

A shopper examines appliances at a discount shop in Tokyo on Monday. Japanese retailers lured customers with promises of steep discounts ahead of a sales tax hike Tuesday that economists expect to slow but not derail the recovery of the world's third-largest economy. [Photo / China Daily] 

Higher levy seen cutting demand amid slowing economic conditions

Japan raised its sales tax on Tuesday, a move likely to depress Chinese export prices to Japan while bilateral trade remains full of uncertainties amid political tensions, experts said.

"It will have a great impact on the Japanese economy. An economic recession with sluggish demand in Japan will drive down demand for Chinese products," Zhang Jifeng, assistant to the director of the Institute of Japanese Studies at the Chinese Academy of Social Sciences, told China Daily.

"Japanese businessmen will probably take the opportunity to cut prices when bargaining with Chinese exporters. Chinese export businesses have to enhance quality to enlarge profit margins."

An increase in Japan's sales tax will not be a direct "heavy blow" to Chinese investment in Japan or bilateral trade, Zhang said.

Japan's sales tax rose to 8 percent from 5 percent, the first increase in 17 years and a key part of Prime Minister Shinzo Abe's economic reforms, dubbed "Abenomics". The rate will go to 10 percent starting Oct 1, 2015.

The move is set to hurt private consumption and the Japanese economy is likely to slow significantly in 2014, said a blue book released by the institute on Monday.

"The outlook for the Japanese economy is not optimistic as the tax rise will not boost consumption and economic growth. Japan's GDP may grow 0.8 percent this year, compared with 1.5 percent last year," Zhang said. "Abenomics is doomed as all the major economic goals are now unachievable."

Political tensions between the two countries have tightened with Abe's visit in December to the Yasukuni Shrine, which honors Japanese war dead, including 14 Class-A war criminals and a dispute over Japan's nationalization of the Diaoyu Islands that China considers illegal.

Rise in Japan sales tax may hit China exporters

More tax reforms on agenda: Minister 

Rise in Japan sales tax may hit China exporters

Top 10 figures in 2014 govt work report 

Previous Page 1 2 3 4 Next Page

Trudeau visits Sina Weibo
May gets little gasp as EU extends deadline for sufficient progress in Brexit talks
Ethiopian FM urges strengthened Ethiopia-China ties
Yemen's ex-president Saleh, relatives killed by Houthis
Most Popular
Hot Topics

...
阿勒泰市| 连山| 临沭县| 台州市| 通州区| 铜梁县| 凤台县| 六枝特区| 宁化县| 禄丰县| 依安县| 岑溪市| 客服| 闽清县| 博白县| 棋牌| 郎溪县| 永福县| 麦盖提县| 景德镇市| 德昌县| 博湖县| 石楼县| 芜湖县| 龙门县| 蓝田县| 河北区| 绥中县| 余姚市| 聊城市| 钟祥市| 鹤峰县| 汕头市| 江门市| 嘉禾县| 醴陵市| 桂阳县| 武陟县| 长垣县| 德州市| 饶河县|