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Japan's export growth cools as pandemic hits supply chains

TOKYO: 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.

China , Vietnam , Republic-of , Malaysia , Japan , Tokyo , United-states , Takeshi-minami , South-east-asia , Takumi-tsunoda , Shinkin-central-bank , Norinchukin-research-institute

Japan's hot exports growth cools as COVID-19 hits supply chains

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.

China , Vietnam , Republic-of , Malaysia , Japan , Tokyo , United-states , Japanese , Takeshi-minami , Sam-holmes , Takumi-tsunoda , Daniel-leussink

Japan's exports growth cools as COVID-19 hits supply chains

"Exports have been driving the economy. The recovery scenario for Japan's economy may become shaky if they won't grow."

China , Vietnam , Republic-of , Malaysia , Japan , United-states , Takeshi-minami , Takumi-tsunoda , Shinkin-central-bank , European-union , Norinchukin-research-institute , Toyota-motor-corp

Japan's Hot Exports Growth Cools as COVID-19 Hits Supply Chains

Japan's Hot Exports Growth Cools as COVID-19 Hits Supply Chains
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

China , Vietnam , Republic-of , Malaysia , Japan , Tokyo , United-states , Japanese , Takeshi-minami , Takumi-tsunoda , Shinkin-central-bank , European-union

Nissan's Euro-Bound Ariya Will Be Built In Japan, Not The UK

Nissan will build European Union-bound examples of the all-electric Ariya in Japan instead of the UK as initially expected.
The Japanese carmaker had considered building the Ariya at its Sunderland assembly plant in the UK. However, with the prospect of a no-deal Brexit looking increasingly likely, Nissan has decided to build the Ariya in Japan and ship them to Europe.
As noted by
Nikkei Asia, a no-deal Brexit will see British auto exports face a 10 per cent tariff in the EU. By comparison, Japanese-made vehicles face a lower 7.5 per cent tariff which, in 2026, will be abolished entirely.
Handling production of Ariya models heading to Europe and the United States will be Nissan’s plant in Japan’s Tochigi Prefecture just north of Tokyo. Meanwhile, those sold in China will be manufactured locally.

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