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Tue Nov 20, 2012, 10:58 PM

JAPANESE EXPORTS PLUNGE

Japan's October trade balance report is out.

Exports fell 6.5 percent, which was much worse than the 4.9 percent decline expected by economists.

Exports to China plunged 82 percent. Exports to Europe were also weak.

Imports fell just 1.6 percent, which was lower than the 3.2 percent decline expected.


Read more: http://www.businessinsider.com/japan-october-exports-2012-11

The 82% drop in exports to China shows how serious the rift between China and Japan really is.

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Reply JAPANESE EXPORTS PLUNGE (Original post)
FarCenter Nov 2012 OP
On the Road Nov 2012 #1
HopeHoops Nov 2012 #2

Response to FarCenter (Original post)

Wed Nov 21, 2012, 12:46 AM

1. This is Over Those Stupid Islands?

Wow -- what a miscalculation!

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Response to FarCenter (Original post)

Wed Nov 21, 2012, 08:12 AM

2. They have been for a long time. Japan is a net importer now.

 

Fancy that, eh?

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