Japan’s exports up 18.2% in July; China imports more from Japan than the US for the first time since WW2

Posted by on August 21st, 2008 at 01:38pm

Finance, Economy-Business News, Stock Market wrote an interesting post today on
Here’s a quick excerpt
According to data released today by the Ministry of Finance, Japan’s trade surplus shrank by 87% in July, to 91.1 billion yen, as slower exports of cars, auto parts and electronics led to a 19.0% fall in Japan’s trade surplus with the United States. The overall trade surplus has now fallen for five straight months, while the surplus with the United States fell for the eleventh consecutive month. During July, the value of imports jumped 18.2% to 7.54 trillion yen, while exports rose 8.1% to 7.

Read the rest of this great post here

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