Ken Moritsugu
Ken Moritsugu is a news analyst with a focus on international economics and business. He has reported extensively on the impact of economic trends and policies on global markets, with an emphasis on Asia-Pacific region. Ken's articles often explore the interplay between geopolitical tensions, trade negotiations, and corporate strategies in shaping market dynamics. Through his work, he aims to provide readers with a nuanced understanding of the forces driving economic change and help them navigate the complexities of today's globalized world. In addition to his writing, Ken is frequently invited to speak at conferences and events on topics related to international economics and business.
78%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
92%
Examples:
- About one-third of the companies were optimistic about growing their business this year, down from more than half in 2023.
- Companies are beginning to realize that some of these pressures that we have seen in the local market, whether it's competition, whether it's low demand, that they are taking on perhaps a more permanent nature.
- More than half expect to cut costs in China this year, including 26% who plan to reduce the size of their staffs - which the report said 'will further increase the pressure on an already strained job market.'
Conflicts of Interest
100%
Examples:
- More than half expect to cut costs in China this year, including 26% who plan to reduce the size of their staffs.
Contradictions
85%
Examples:
- China still ranks high as a place to invest, but business outlook is the most pessimistic yet with companies' expectations for growth and profitability taking a hit
- For 15% of the companies, their China operations finished 2023 in the red
- The share of companies considering an expansion of their operations in China this year fell to 42%
Deceptions
35%
Examples:
- About one-third of the companies were optimistic about growing their business this year, down from more than half in 2023.
- Companies are beginning to realize that some of these pressures that we have seen in the local market, whether it's competition, whether it's low demand, that they are taking on perhaps a more permanent nature.
- More than half expect to cut costs in China this year, including 26% who plan to reduce the size of their staffs.
- The slowing economy is now the dominant concern of respondents to the European Chamber of Commerce in China survey, which was released Friday.
Recent Articles
European Businesses Shift Investments Away from China: 2024 Survey Reveals Decrease in Optimism and Increase in Uncertainty
Broke On: Friday, 10 May 2024European firms' investment in China reached an all-time low in 2023 due to geopolitical risks and decoupling, leading to a shift in investments towards Southeast Asia and Europe. The survey by the European Union Chamber of Commerce revealed that 40% of companies have moved or are considering moving their investments out of China, with economic worries and regulatory uncertainties being major concerns. Only one-third of companies were optimistic about growing their business in China this year, down from previous years.