Capex gap to open up between Japan, Asia

While Abenomics has revitalised Japanese industry, the rest of Asia – particularly the energy and materials sectors – looks set for a lengthy period of retrenchment.

Capex gap to open up between Japan, Asia

A gap is set to open up between Japan and the rest of Asia in terms of capital expenditure over the next few years, according to a survey by Standard Poor's.

While Abenomics has revitalised Japanese industry, the rest of Asia particularly the energy and basic materials sectors looks set for a lengthy period of retrenchment. 

The survey forecasts that capex for non-financial groups in Asia ex Japan will drop by...

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