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22 February 2024 / Report
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Copy LinkThe global economy’s continued weakness; rising operating costs; labor challenges; tensions in global trade relationships among the US, China, and Europe; wars in the Middle East and Ukraine; threatening events in the Pacific; and political uncertainty in Latin America, all make for a volatile and unsettling global picture for 2024.
Our 2024 C-Suite Outlook survey finds CEOs and C-Suite executives in Japan expecting labor shortages and labor costs as well as the potential for a continuing economic downturn and possible recession as the top three external factors likely to have a high impact on their business operations in the coming year. They are also paying special attention to, and have serious concerns about, their relationship with China, Japan’s largest trading partner, and one of the largest investment destinations for Japanese companies, according to the Ministry of Foreign Affairs of Japan.
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