The impact of the Chinese slowdown on demand for commodities may be disinflationary.
In recent months, those concerns were compounded by the slowdown of global demand for electronics and other consumer goods that underpin Japan's export-oriented economy.
While the early stage of wind curtailment was constrained by limited transmission capacity, recent wind curtailment is primarily driven by the deceleration of the overall economic growth, which resulted in a slowdown of electricity demand and low willingness-to-accept imported power across provinces.
As the mortgage market stumbles and house prices fall by 2.5% in May, according to the Nationwide building society homeowners will have to start living within their means, which will exacerbate the consumer slowdown.Other sources of demand are also weakening.
And while the banks are understandably blaming this year's economic slowdown for a lack of demand for new lending, businesses I talk to are fearful that the government is letting the banks off the hook.
In addition, the slowdown of recent electric power demand and the liberalization of the electric power market are accelerating medium and small sized reactor development.
Natural resources companies are consolidating to combat the fall in global commodities prices following the bursting of the commodities bubble of earlier this decade and a slowdown in demand as a result of the global recession.
"We have seen in the first half of this year a slowdown in foreign demand, but domestic demand has also been weak".
Mining companies shook off fears of a slowdown in demand from China, with Antofagasta adding 17p to £12.46 after Exane BNP Paribas raised its recommendation to outperform.
Despite Mr. Svanberg's attempts to reassure investors, Ericsson's warning pulled down the company's shares, as well as those of Alcatel-Lucent, as some investors read into the announcement the confirmation of a slowdown in demand for new third-generation wireless networks, which are being built for high-speed delivery of mobile data.
