TOKYO -- Japan's economy will likely rebound from a contraction in the April-June period. But the Chinese slowdown and weak consumption at home could water down the recovery.
Real seasonally adjusted gross domestic product dropped 0.4% from January-March levels last quarter for an annualized growth rate of negative 1.6%, finds a preliminary report put out by the Cabinet Office Monday. But neither the government nor the market expect the shift into negative territory to last.
