Market & Industry
Japan's recent earthquake has varying effects on Sino-Japanese JVs

Gasgoo.com (Shanghai March 14) - Japan has seen its GDP drop around 8 percent as a result of last Friday's devastating earthquake. The automobile industry has been especially affected, with Japan's three largest manufacturers, Toyota, Honda and Nissan closing a total of 22 factories. The above manufacturers stated today that they would be temporarily halting all production within Japan, the Xiaoxiang Morning Herald reported. Gasgoo.com (Shanghai March 14) - Japan has seen its GDP drop around 8 percent as a result of last Friday's devastating earthquake. The automobile industry has been especially affected, with Japan's three largest manufacturers, Toyota, Honda and Nissan closing a total of 22 factories. The above manufacturers stated today that they would be temporarily halting all production within Japan, the Xiaoxiang Morning Herald reported.

Mar. 16 , 2011