Moderate Slowdown in the Chinese Economy
First written in FY2018-Q3. 9 of 22 entries say "Worsened", first in FY2019-Q2. Latest entry: FY2025.
The whole theme swung hardest in 2022: 124 of 167 companies on the "Worse" side.
- FY2025WorsenedAnnual report
「In China, the economy remained sluggish as the impact of government stimulus measures was limited amid a prolonged slump in the property market, while the recovery in consumption and investment was slow.」
The Chinese economy was shown to remain sluggish, with the weak property market compounded by the limited effect of stimulus measures and the slow recovery in consumption and investment. - FY2025-H1WorsenedAnnual report
「In China, prices continued to decline and the recovery in consumption remained delayed amid a prolonged slump in the property market, and the economy remained sluggish.」
The Chinese economy was described as remaining sluggish, as price declines and delayed recovery in consumption continued in addition to the longstanding weakness in the property market. - FY2024ReframedAnnual report
「In China, private consumption drove the economy after the zero-COVID policy was lifted, but the weak property market weighed on the economic recovery and delayed improvements in corporate earnings and employment, leaving the economy seemingly stagnant.」
The risk factors for the Chinese economy shifted from stalled activity under the zero-COVID policy to the weak property market after the policy was lifted and delays in improving corporate earnings and employment. - FY2024-Q1ReframedAnnual report
「In China, private consumption drove the economy after the zero-COVID policy was lifted, but the weak property market weighed on the economic recovery, delaying improvements in corporate earnings and employment, and an uncertain situation continues.」
The risk factors for the Chinese economy shifted from stalled activity under the zero-COVID policy to the continued weakness of the property market after the policy was lifted and delays in improving corporate earnings and employment. - FY2023-Q3RestatedAnnual report
「In China, economic activity stalled due to the zero-COVID policy in response to renewed outbreaks of COVID-19, and the economy entered a slowing trend as private consumption stagnated.」
The Chinese economy has remained on a slowing trend as economic activity stalled under China's zero-COVID policy and private consumption stagnated. - FY2023-Q2RestatedAnnual report
「In China, economic activity stalled due to the zero-COVID policy in response to renewed outbreaks of COVID-19, and the economy entered a slowing trend as private consumption stagnated.」
The Chinese economy was described as remaining on a slowing trend for a second consecutive quarter due to stalled economic activity under the zero-COVID policy and sluggish private consumption. - FY2023-Q1WorsenedAnnual report
「In China, economic activity stalled due to the zero-COVID policy and other measures in response to renewed outbreaks of COVID-19, and the economy entered a slowing trend as private consumption stagnated.」
The Chinese economy changed from descriptions of recovery following the resumption of economic activity to a slowing trend marked by stalled economic activity and an economic slowdown due to renewed outbreaks and the zero-COVID policy. - FY2022WorsenedAnnual report
「In China, economic activity resumed early as the spread of the infection was contained, but restrictions on activity due to renewed outbreaks in some regions and power shortages caused the economy to slow.」
The Chinese economy changed from recovery following the resumption of activity to an economic slowdown caused by restrictions on activity following renewed outbreaks and power shortages. - FY2022-Q3WorsenedAnnual report
「In China, economic activity resumed early as the spread of the infection was contained, but restrictions on activity due to renewed outbreaks in some regions and power shortages caused the economy to slow.」
The situation in the Chinese economy changed from recovery following the resumption of economic activity to an economic slowdown caused by restrictions on activity following renewed outbreaks and power shortages. - FY2022-Q2MitigatedAnnual report
「In China, economic activity resumed early as the infection was brought under control, and the economic recovery continued.」
In China, the economic recovery continued as the infection was brought under control and economic activity resumed, easing previous concerns about an economic slowdown. - FY2022-Q1MitigatedAnnual report
「In China, economic recovery progressed, led mainly by domestic demand and exports, after economic activity resumed ahead of the rest of the world, and business activity remained on track.」
It was stated that the Chinese economy was recovering, led mainly by domestic demand and exports, as economic activity resumed, easing concerns about an economic slowdown. Meanwhile, lower customer production due to the semiconductor shortage remains. - FY2021MitigatedAnnual report
「In China, economic recovery progressed, led mainly by domestic demand and exports, after economic activity resumed ahead of the rest of the world.」
It was stated that while concerns about a slowdown in the Chinese economy due to the infection and trade friction remained, recovery progressed mainly in domestic demand and exports as economic activity resumed. - FY2021-Q3MitigatedAnnual report
「In China, economic recovery progressed, led mainly by domestic demand and exports, after economic activity resumed ahead of the rest of the world.」
It was stated that the Chinese economy was recovering, led mainly by domestic demand and exports, as economic activity resumed amid ongoing concerns about slower growth due to US-China trade friction and the infection. However, uncertainty stemming from the impact on the global economy remains. - FY2021-Q2MitigatedAnnual report
「In China, the impact of the infection is gradually diminishing, but there is a downside risk to the economy depending on its impact on the domestic and global economies.」
Although it was stated that the direct impact of the infection in China was gradually diminishing, downside risks stemming from its impact on the domestic and global economies remain. - FY2020-Q3WorsenedAnnual report
「Growth in the Chinese economy slowed as the US-China trade dispute dragged on, while export conditions deteriorated in countries including those in Europe. The impact of the Brexit issue and tighter environmental regulations in Europe, India and elsewhere also made an economic slowdown increasingly evident.」
The slowdown in China's growth became prolonged, and the global economic slowdown was described more clearly as deteriorating export conditions, Brexit and tighter environmental regulations compounded the situation. - FY2020-Q2WorsenedAnnual report
「China's growth slowed as the US-China trade dispute intensified, while export conditions deteriorated across countries. Economic expansion gradually slowed further amid the prolonged Brexit issue and the impact of tighter environmental regulations in Europe, India and elsewhere.」
Regarding slower growth in China, deterioration in export conditions across countries and a slowdown in global economic expansion were indicated in addition to the escalation of the US-China trade dispute. - FY2020-Q1RestatedAnnual report
「In China, slower growth became more pronounced owing to a slowdown in infrastructure investment and the escalating US-China trade war, while equipment investment and private consumption remained firm across Asia.」
The slowdown in China's growth continues to be attributed to the slowdown in infrastructure investment and the escalation of the US-China trade war. - FY2019RestatedAnnual report
「In China, slower growth became more pronounced owing to a slowdown in infrastructure investment and the escalating US-China trade war, while equipment investment and private consumption remained firm across Asia.」
The slowdown in China's growth continues to be attributed to the slowdown in infrastructure investment and the escalation of the US-China trade war. - FY2019-Q3WorsenedAnnual report
「In China, slower growth became more pronounced owing to a slowdown in infrastructure investment and the escalating US-China trade war, while equipment investment and private consumption remained firm across Asia.」
Regarding concerns about a slowdown in the Chinese economy raised in the previous quarter, slower growth became more evident due to the slowdown in infrastructure investment and the escalation of the US-China trade war. - FY2019-Q2WorsenedAnnual report
「China's growth showed signs of slowing due to the impact of trade friction with the US, while growth continued in Asia, supported by domestic demand, despite some concerns about currency depreciation.」
For the Chinese economy, which was considered to have remained firm in the previous quarter, a trend toward slower growth due to the impact of trade friction with the United States was indicated, and concerns intensified again. - FY2019-Q1MitigatedAnnual report
「The Chinese economy, whose slowdown had been a concern, remained firm, supported by the government's economic measures and external demand.」
The Chinese economy was described as having remained firm, supported by the government's economic measures and external demand, easing concerns about the external environment stemming from the previous quarter's moderate slowdown. - FY2018-Q3First statedAnnual report
「Meanwhile, China's real GDP growth slowed slightly to 6.8% year on year in the July–September 2017 quarter, from 6.9% in the April–June quarter, and the economy is slowing moderately.」
China's real GDP growth declined from 6.9% in the previous quarter to 6.8%, explicitly identifying a moderate economic slowdown as an external-environment risk for the first time.