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Japan's rising global trade surplus - a blessing but also a bane

A robust 11.3% year-on-year rise in exports in February pushes trade surplus to its highest level in seven years
Friday, March 24, 2017 - 05:50

The surge in Japan's overall exports during February was led by increased shipments of car parts and electronics components, according to the seasonally adjusted data released by the Finance Ministry.


JAPAN'S exports grew by a robust 11.3 per cent in February from the same month last year, pushing the nation's trade surplus to its highest level in seven years at 680 billion yen (S$8.57 billion) as shipments to China surged in the wake of a Chinese New Year slowdown.


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