Japanese economy is expected an economic expansion at 1.2 percent, gradually improving from 0.6-percent growth in 2015. The underlying growth-driven factors include (i) advances in labor market, wages, equity prices and business returns; (ii) the Yen depreciation which will benefit external sector especially in the tourism sector, and (iii) the ongoing monetary easing measure. Meanwhile, Chinese economy is a slight slowdown with 6.7 percent growth compared with a 6.9-percent in 2015.
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