Can Japan's once glorious manufacturing industry go back?
According to the recently released data, Japan's factory industry is currently struggling, and the operating conditions of the manufacturing industry continue to deteriorate. According to data released by the Japanese government on February 29th, the decline in factory output in January was the largest since May 2020. At the same time, due to weak demand, factory activity in Japan shrank at the fastest pace in more than three years in February.
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