Japan, China and South Korea execs optimistic on economy in 2024

Corporate heads see strong growth despite weakness in China, poll shows

20240115N shanghai skyline AP

Shanghai's skyline. Many Japanese and South Korean business leaders see the slowing of the Chinese economy having a significant impact on their companies. © AP

Nikkei staff writers

TOKYO -- More executives in Japan, China and South Korea expect the global economy to see moderate growth in 2024 than did last year, according to a joint survey of business leaders conducted by Nikkei, South Korea's Maeil Business Newspaper and China's Global Times.

Despite rising geopolitical risks, corporate leaders expect solid underlying growth. Even in China, where growth continues to slow, the proportion of respondents expecting rapid growth rose 12 points on the year to 67% -- the highest proportion among the three countries.

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