%  Chart 4  Corporate Sector in Japan Industrial Production 130  Real Exports by Region  s.a., Jan. 2020=100  130  s.a., 2020/Q1=100  s.a., 2020/Q1=100  130  120  120  120  110  110  110  100  100  100  90  90  90  80  80  70  70  80  Mining and manufacturing Motor vehicles  70 60  60 United States <17.8>  Construction and mining machinery  50 40 CY 20  21  50 22  EU <9.2>  40 CY 20  21  China <21.6>  60  NIEs, ASEAN, etc.
These included the incipient failure and/or public support of a number of major financial institutions in the United States, the United Kingdom and continental Europe, effective closure of many important capital markets and a worldwide decline in equity values of a quarter, leaving them around 50 per cent lower than their peak.