Trade Resources Economy Chinese Imports to Japan’s Reduction Expand in November

Chinese Imports to Japan’s Reduction Expand in November

On December 10, Chinese customs office published the report of the November trade statistics, the report shows that Chinese imports to Japan fell 15.1% compared with the last year, a decrease of 10.2%, the reduction is keeping expanding. Exports to Japan in November decrease 3.8% year-on-year, showed the negative growth firstly after three months. Although China's economic recession has influence on it, but the main reason is the Diaoyu Islands, it made the relations between China and Japan worse and lead to the deterioration of the trade.

In November, the trade value was $ 27.43 billion, declined 9.8% year to year; January to November, the total trade value decreased 2.9% compared to the same period last year between China and Japan, the decline expanded compared with it of 2.1% from January to October.

Source:
Contribute Copyright Policy
Topics: Service