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Japan's Economic Challenges: Declining Wages and Consumer Spending
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Wages Decline, Blackstone's Asia Focus, ...
Japan's Wages and Consumer Spending Decl...
Overview
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Japan's real wages continue to decline for the 18th consecutive month, while consumer spending also remains low. Blackstone expects India and Japan to be its most active markets in Asia next year. Japan's service activity shows the slowest growth this year, with weak demand.
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How might the increased activity in India and Japan impact the global economy?
What factors contribute to the slowdown in the service sector in Japan?
What measures can be taken to address the declining wages and consumer spending in Japan?
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