Mar. 27 – The U.S may lead the global economy towards slowdown, but Japan is riding Asia and Europe exports to weather the storm.
Long dependent on North America and still vulnerable to a rising yen against the U.S. dollar, Japan’s exports rose almost 9% last month overall and nearly 15% to China alone.
Dan Sloan reports.
Japan riding Asia, Europe exports
true/false
Japan is leading the global economy towards slow down.
Japan is having stormy weather.
The Japanese Finance Minister is expecting things to improve.
Japan is independent of the US.
Exports to the US have been stable over the past 6 months.
Japan companies are worried about rising oil and raw material costs.
Capital spending is booming.
Expectations for Japan look black.
The yen declined on Thursday.
The US is a large export market for Japanese car makers.
