Global Stimulus Helps Japan's Exports Fall at Slower Pace

Japan’s exporters are benefiting from a global trade rebound that’s being driven by interest-rate cuts and more than $2 trillion in government spending, says Bloomberg.

 

Citing figures released by Japan’s Finance Ministry, Bloomberg says that shipments abroad dropped 30.7% from a year earlier, compared with a 36% decline in August. From a month earlier, exports fell 0.8%.

 

According to Bloomberg, the export numbers suggest world trade is picking up, led by demand from China. The world’s third-largest economy is spending 4 trillion yuan ($586 billion) on building projects and consumer incentives that are bolstering sales of cars, electronics and machinery.
 

Read more on

Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern