Published March 29, 2015 at 6:32 PM
Updated March 30, 2015 at 10:25 AM
Analysts expect a steady growth in the Japanese economy for the fiscal year of 2015. However, full recovery seems to still have a long way to go.
CCTV’s Terrence Terashima filed this report from Tokyo.
Highlights:
Japan began 2015 with a bullish stock market, of over 13 percent rise in the first 3 months, helped by the weaker yen, lower oil prices and low interest rate.
After a disappointing year in 2014, Japanese public are hoping that the economy will gradually recover in 2015.
The Japanese economy posted a rebound in the quarter ending in December after two consecutive quarters of contraction.
Recent government survey showed that business sentiment of large companies in the three months to March, dropped to 1.9 from 5.0 in the previous period.
Most experts agree that the Japanese economy is still fragile.
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