Economics
Japanese Exports Surge to End First Quarter on Strong Note
- Shipments to China jump more than 16 percent in March
- Increases in sales to U.S. and Europe were more modest
Japan's March Exports Rise 12 Percent
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Japanese exports grew at the fastest rate in more than two years in March, supporting a moderate economic recovery in the face of weak domestic demand.
Exports have recently become a bright spot for the Japanese economy. The March trade data indicate growing health in the global economy, particularly in Asia, will continue to support the Bank of Japan’s efforts to generate a sustainable recovery. Questions remain: Will Japanese consumers will start spending again, and will the U.S. take a tougher line with Asian exporters over their trade surpluses with America.