Japan Has Recently Increased Exports To China And Europe.

2010/12/24 15:27:00 57

The demand for a rebound in the global economy has helped the Japanese economy withstand the highest level in 15 years.

Yen Appreciation

The negative effects of Japan's exports accelerated for the first time in 9 months.

Japan's overseas freight increased by 9.1% in November compared with the same period last year, while in October it increased by 7.8% compared to the same period last year, the Japanese financial department said yesterday in Tokyo.

The growth of exports is mainly due to the demand of China and Europe, which has subsided fears of Japan's lack of motive force to recover from the worst post-war economic depression.

Asia's largest construction equipment manufacturer, Komatsu and carmaker Honda motor, forecast that sales in China would increase.

Honda Corporation, Japan's second largest auto maker, predicted that its car sales in China will rise by at least 10% next year in December 17th.

"Considering that the global economy is rebounding and the negative effects of the strong yen are deteriorating, despite this quarter.

Exit

There may be a slight decline and export rebound may still occur in the first quarter of next year, "said K iuchi, chief economist of Nomura Securities in Tokyo." exports will be the engine of next year's rapid economic start. "

Japan's exports to China increased by 18.3% in November compared with a year ago, while the growth rate in October was 17.6%.

China is currently the largest in Japan.

export market

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Japan's exports to Europe increased by 10.1% over the same period last year.