Japan's exports extended double-digit gains in August, led by strong shipments of chip manufacturing equipment, although the pace of growth weakened as COVID-19 hit key Asian supply chains and slowed factory production.
The trade growth is unlikely to dispel worries about the outlook for Japan's economy, which has not yet recovered to pre-pandemic levels after taking an enormous hit from a collapse in global trade in the first quarter of 2020.
"Exports have been driving the economy. The recovery scenario for Japan's economy may become shaky if they won't grow," said Takumi Tsunoda, senior economist at Shinkin Central Bank. "I think it's likely to impact exports at least until the year-end as bottlenecks in parts supply in Southeast Asia continue."its annual production target by 300,000 vehicles last week as rising COVID-19 infections slowed output at parts factories in Vietnam and Malaysia.
Exports to the United States, the world's top economy, soared 22.8%, as strong demand for power-generating machines offset a decline in car shipments.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Another radio host who urged listeners to boycott COVID-19 vaccines dies from COVID-19Bob Enyart is at least the fifth anti-vaccine talk show host to die from complications due to COVID-19 in recent weeks.
Lire la suite »
COVID-19 Vaccines Won’t Affect Your Sexual Performance, but COVID-19 MightJust in case you were wondering.
Lire la suite »
Covid-19: NI records 10 Covid-linked deaths,1,304 casesThe total number of deaths linked to coronavirus in NI since the start of the pandemic is 2,478.
Lire la suite »
Fauci says he 'would support' mandating COVID-19 vaccine for air travelThe nation's top infectious disease expert, Dr. Anthony Fauci, said he would support mandating the COVID-19 vaccine for air travel. 'I would support that,' Dr. Fauci told The Skimm podcast on Friday. The U.S. Travel Association responded that while they support people getting vaccinated, they have 'long maintained that there should be no mandatory vaccination requirement for domestic travel.'
Lire la suite »
Russia's Vladimir Putin is quarantining after several Covid-19 cases in his entourageRussian President Vladimir Putin is quarantining after several people in his inner circle tested positive for Covid-19, the Kremlin said Tuesday.
Lire la suite »