Japan's economy grew faster than expected in Q4Staff Writer | March 8, 2017
Japan's economy grew at a faster pace than initially estimated in the October-December quarter.
Economy in Asia Firms boosted their capacity
The updated GDP figures showed that investment by firms grew 2.0% instead of the initially estimated 0.9%.
Firms boosted their capacity to produce smartphone components for shipment to China, while automakers also upgraded their production lines to develop new vehicle models. ■