In October 22nd, Japan's Ministry of finance trade statistics published by initial value display, Japan September exports to China fell 14.1%, the trade of Japan to form enormous pressure.
Along with China against the Japanese government September illegal "nationalization" of the Diaoyu Islands taken countermeasures effect is shown further, the Japanese economy as a whole or will be back on the road back.The expert expresses, if Sino-Japanese diplomatic friction well into next year, Japanese economy enters recession will be inevitable.
The economy was "pain of cutting one's body", the Japanese attitude began to change.On October 21st, Deputy Prime Minister Katsuyaokada acknowledged that the Diaoyu Islands have territorial disputes, a change in the past "the high-profile Chinese territorial dispute" attitude.
Exports to China large contusion
According to the Japanese Ministry of Finance published statistics, the first half of the fiscal year 2012 (4-9 month) the balance of trade deficit for 3219000000000 yen, a record in 1979 have comparable data since the half year highs, which in September the balance of trade deficit for 558600000000 yen, third consecutive months of deficit, and hit Shi Xingao over the same period.
Japan's Kyodo news analysis points out, the European debt crisis led to the global economic slowdown, Japan's exports continued to slump.On the other hand, nuclear power plant outage caused liquefied natural gas (LNG) and imports of crude oil long remain high in the first half of the year led to Japan's trade deficit.
In addition, the Sino-Japanese relations deteriorated sharply due to the Diaoyu Islands issue, China exports also is one big factor.Data shows, September Japan's exports slumped 14.1%, trade deficit with China reached 329500000000 yen, the record high over the same period.Prior to a data also shows, due to China's sales decline, Japanese industrial production in August fell to 15 months low.
In 2009, China surpassed the United States as Japan's largest export market.Japan's finance ministry data shows, 2011 Japan's exports total exports nearly 1/5.The exports to reduce embodied in the heavy machinery engine, automobile and automobile parts.On September, Japan for China's auto exports decreased 44.5%, auto parts also fell 17.5%.
The outside thinks generally, the exports to China fell by data in China against the Japanese government September illegal "nationalization" of the Diaoyu Islands taken countermeasures effect.But there is also the view that, Japan's exports, also with the Japanese enterprise rationalization operation in China, increase the local purchase of strengthening competitiveness.In addition, trade orders 3 months in advance has been determined, the boycott of the true impact of until October to pass the data reflected.
Japanese economy pressure
However, predictive data have shown that Sino-Japanese diplomatic friction will further exports to Japan to bring the huge impact.Morgan chase 10 early released a research report shows, the fourth quarter of this year, Toyota, Honda, Nissan and other Japanese car manufacturer of China's auto exports plunged 70% year-on-year, and the year 2013 may be maintained at a low level. |