28 March, 2015 AsiaNews.it Twitter AsiaNews.it Facebook            

Help AsiaNews | About us | P.I.M.E. | | RssNewsletter | Mobile





mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato
e-mail this to a friend printable version


» 08/22/2012
JAPAN
Euro crisis (and China) sinking Japanese exports
Trade with the EU fell by 25.1% in one year, 11, 9% with China. U.S. exports rose only 4.7%. Low domestic demand in the country, due to the slow post-tsunami reconstruction.

Tokyo (AsiaNews / Agencies) - Japan's exports fell dramatically in July, hit by the crisis in Europe and the slowdown of the Chinese and the U.S. economy.

In one year, the Land of the Rising Sun exports fell 8.1%. Those to the European Union fell by 25.1%, marking the strongest decrease since 2009, following the subprime mortgage crisis in the U.S., trade was down by 29%.

Exports to China - Japan's largest trading partner - fell by 11.9% in a year, marked mainly by the reduction in the trade of semiconductors, electronics and auto parts.

Another troubling sign is that exports to the U.S. rose only 4.7% compared to a year ago.

The reduction in international demand is coupled with the problem of a sluggish domestic demand in a country still scarred by the aftermath of the tsunami and the slow reconstruction process.

The Japanese Ministry of Finance has announced that Japan's trade deficit rose to 517.4 billion yen (5.23 billion euros).

 


e-mail this to a friend printable version

See also
03/10/2011 CHINA
China posts trade deficit
04/28/2009 JAPAN - CHINA
Japanese prime minister flies to China tomorrow, to discuss economy, swine flu
01/12/2006 CHINA
2005 record year for China trade
01/29/2010 CHINA
Beijing to increase domestic demand, reduce overreliance on exports
01/03/2007 CHINA
Meagre profits for luxury brands

Editor's choices
IRAN
Time for a deal with Tehran, a reliable partner against the Islamic State group
by Bernardo Cervellera A framework agreement on the Iranian nuclear issue has to be inked by 31 March. US Republicans, Israel and Saudi Arabia are fiercely opposed to it for ulterior motives. Hassan Rouhani wants Iran to come back into the international fold. Tehran is playing a mediating role in the Middle East. For Vatican nuncio, “there is no evidence that Iran is preparing a nuclear bomb.”
CHINA - VATICAN
BREAKING NEWS: Chinese police seize two priests in Mutanjiang
by Bernardo Cervellera
CHINA-VATICAN
Nothing to toast between China and the Vatican: Beijing wants complete control
by Bernardo CervelleraFor the Global Times (the People's Daily) China does not like the "Vietnamese model" of agreed episcopal ordinations. The Chinese Foreign Ministry’s embarrassment in front of the Holy See’s countless efforts. China wants the Vatican to accept all excommunicated bishops and to keep silent on those who are underground and imprisoned. The case of Msgr. Cosma Shi Enxiang. Without religious freedom, diplomatic relations are pointless. The work of mission and the unity of Catholics in China. A task for Xi Jinping: implement the anti-corruption campaign in the Ministry of Religious Affairs and the Patriotic Association, which have grown rich over the decades on the backs of Christians.

Dossier

by Giulio Aleni / (a cura di) Gianni Criveller
pp. 176
Copyright © 2003 AsiaNews C.F. 00889190153 All rights reserved. Content on this site is made available for personal, non-commercial use only. You may not reproduce, republish, sell or otherwise distribute the content or any modified or altered versions of it without the express written permission of the editor. Photos on AsiaNews.it are largely taken from the internet and thus considered to be in the public domain. Anyone contrary to their publication need only contact the editorial office which will immediately proceed to remove the photos.