Japan's Auto Exports to China Down 82% in October
Dec 04, 2012
According to the data released by Japanese Finance Ministry on the November 21st, Japan'S exports fell sharply by 6.5% in October this year, although the decline has narrowed compared to 10.3% in the previous month, but it is the fifth consecutive month that Japan's exports declined. In addition, Japan'S exports to China fell sharply by 11.6%, the auto exports to China tumbled 82%.
As the territorial dispute led to a nationwide boycott of Japanese goods, exports to ChinaAnd Japan'S top export market, dropped an annual 11.6% last month after a 14.1% decline in September. Demand for Nissan, Honda and Toyota cars in China was virtually halved due to the protests in September and October.
Source：cnautonews.com
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