English | دری

Japanese exports to China tumble

in International Business

Japanese exports to China tumble

Amid recent territorial disputes between China and Japan, Japanese exports to China fell 14.1% in September compared to the previous year.

Relations between the two nations soured in recent weeks as a result of dispute over the ownership of the islands known as Senkaku in Japan and Diaoyu in China, which both nations along with Taiwan claim.

Widespread protests in China against Japan were held. In some cases people turned violent and attached Japanese car manufacturers.

Since then Japanese car manufacturers have said they will cut output to China.

“The worsening of exports reflected both the global slowdown and anti-Japan protests in China,” said Naoki Iizuka, from Citigroup Global Markets in Tokyo.



Related Articles

Argentine senate set to approve YPF takeover

The 72 member house expected to support plans to re-nationalise the country’s biggest oil company. Argentina’s senate was set to

Iran to export oil to North Korea

Iran is considering signing an oil deal with North Korea on the export of oil in an attempt to revive

Other banks to be more culpable in the scandal than Barclays

Senior managers have warned that Libor scandal will envelop other banks. According to a memo from Barclays chairman Marcus Agius

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.