Yoshiki Shinke, chief economist at Dai-Ichi Life Research Institute in Tokyo, saying that Japan looks to have had a good start to 2017, with first-quarter growth clearly exceeding the potential growth rate.
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Things are promising going forward because exports are likely to stay solid and capital spending and public investment may pick up. But the recovery will likely be led by the corporate sector and households may not spend much.
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fxgai
News to boost that potential growth rate through a huge package of structural reforms.
Eliminate privilege for all, and use the cost savings to focus our tax assistance towards the truly needy.
mukashiyokatta
Correction: things are NOT promising going forward. There will be NO recovery. Without job security NO ONE can spend any money except the rich.