Japan's decline in exports slows

[pampango]

Source: BBC

Japan's exports in November were down 6.2% compared with the same point last year, a sharp improvement from the fall of 23% the previous month.

Recovering demand in Asia is helping Japan's exports, but there is still concern about the strength of the yen.

Imports fell 16.8% in November. Exports to the rest of Asia increased 4.7% while exports to China, its biggest trading partner, rose 7.8%.

Japan's economy, which is driven by exports, came out of recession in the April-June quarter but there have been concerns about the strength of its recovery.

Read more: http://news.bbc.co.uk/2/hi/business/8423907.stm

---

Japan's exports to the West but still be down a lot, if its exports to China and the rest of Asia are up, but total exports are down. It's not surprising given China's size and proximity, but I hadn't realized that it was Japan's biggest trading partner now. That's a big change from 10 years ago.

[Massacure]

1. Once you hit 0, you cannot drop any further... N/T

[bemildred]

2. So that's a declining decline in exports then? nt