Evidence mounts of broader Japanese recovery says JPMF

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A 10% loss on Japan's Nikkei 225 index since the third week of April is no reason to panic given the country's strong fundamentals supporting corporate profitability, suggests Stephen Mitchell, manager JPMorgan Fleming Japanese investment trust.

Some fears have been expressed about China’s need to reduce the rampant economic growth experienced in some parts of that country, and the effect this could have on Japan’s exporters and manufacturers already operating within China. China’s infrastructure in particular is straining under the levels of trade now flowing to and from the country with stories of cargo ships being forced to wait up to 10 days to dock and railways unable to physically carry any more goods to and from major ports. Government attempts to dab the brakes in China will not hurt Japanese firms: if anything they s...

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