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Japan to avoid recession, but Q2 growth forecasts cut

Japan to avoid recession, but Q2 growth forecasts cut
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Japan exports at decade high due to demand for cars, electronics

Japan exports at decade high due to demand for cars, electronics Robert Besser 23 May 2021, 12:17 GMT+10 Japan s exports grew 38 percent in April, the highest growth recorded since 2010, fueled by a growing demand for cars and electronics, led by its key markets in the U.S. and China The higher-than-expected increase raised hopes of the world s third-largest economy returning to a growth trajectory amid improving trade The jump in exports was driven by U.S.-bound shipments of cars and car parts, and Chinese demand for chip-making equipment TOKYO, Japan: Japan s exports grew 38 percent in April, the highest growth recorded since 2010, fueled by a growing demand for cars and electronics, led by its key markets in the U.S. and China.

Japan s exports jump most in decade as trade recovery perks up

Asia PacificJapan’s exports jump most in decade as trade recovery perks up Tetsushi KajimotoDaniel Leussink 3 minute read A laborer works in a container area at a port in Tokyo, Japan July 19, 2017. Picture taken July 19, 2017. REUTERS/Toru Hanai Japan’s exports grew the most since 2010 in April while capital spending perked up on surging global demand for cars and electronics, lifting hopes that an improvement in trade could help lead the world’s third-largest economy back to growth. Also brightening the outlook, confidence among the nation s manufacturers hit a more than two-year high in May on the back of solid overseas orders, a Reuters survey showed on Thursday. read more

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