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BOJ debated risks from supply constraints, China slowdown

by Mike Robinson

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© Reuters. FILE PHOTO A man in a mask walks past Bank of Japan’s headquarters amid the COVID-19 (coronavirus disease) epidemic that occurred in Tokyo on May 22, 2020. REUTERS/Kim Kyung Hoon

TOKYO, Reuters – Bank of Japan policymakers discussed rising risks to Japan’s exports. These included China’s slowdown in economic growth, shortages of chips and factory closures in Southeast Asia. A summary of opinions at the last month’s rate review on Friday showed that.

Exports and outputs are on the rise. “But we must be careful to watch how chips shortages or disruptions at Southeast Asian parts factories impact capital expenditure and corporate finance,” stated one member of the board in the summary.

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