May 27, 2009

Japan Improves on China Trade


China is key to recovery in the Japanese economy as it is Japan's number 1 export market. Indications are the dramatic drop in exports to China (not nearly as dire as the near 50% drop in exports to USA in April) has slowed. The data is mixed and far from a definite up trend. But signals are the bottom may have been reached at least in terms of Japan-China trade....

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