www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

left corner left corner
China Daily Website

Japan exports to China at lowest in four years

Updated: 2013-08-16 07:48
By Li Jiabao ( China Daily)

Japan exports to China at lowest in four years

Japanese exports to China in the first half of this year decreased to the lowest level in four years amid strained ties between the top two economies in Asia as well as China's economic slowdown.

Despite the depreciation of the yen against the Chinese yuan, Japan's exports to the Chinese mainland declined 16.7 percent year-on-year to $61.43 billion in the January-June period. In the same period, the United States replaced the Chinese mainland as Japan's biggest export market, the first time in five years, with exports valued at $65.56 billion, according to the Japan External Trade Organization.

"Japan's decreasing exports to China mainly came from weak demand in China, which was caused by deteriorated bilateral ties as well as slower economic growth in China," said Li Xiangyang, director of the Institute of Asia-Pacific Studies under the Chinese Academy of Social Sciences.

After the "purchase" of part of China's Diaoyu Islands in the East China Sea in September, Japan's ties with China soured, which took a toll on the sales of Japanese brands.

"Japanese exports to China are part of the East Asian production network within which Japanese companies in China are a major force. Sluggish sales of Japanese products in the Chinese market hit Japanese shipments to China," Li said.

Yoichi Maie, director of China research at the Japan External Trade Organization, was quoted as saying on Thursday that easing infrastructure development in China led to Japan's particularly weak exports for construction and mining equipment, which fell 61.6 percent year-on-year.

Meanwhile, weaker private consumption in China accounted for a 47.7 percent drop in exports of digital cameras and other audiovisual equipment.

Yao Haitian, a researcher from the Institute of Japanese Studies at the Chinese Academy of Social Sciences, added that Japan's decelerating exports to China reflected the strained political ties between the two economies because improved market demand in the US and the European Union did not drive Japanese companies in China, part of the East Asian production network, to increase buying from Japan.

He also noted that Japan's shipments to other major markets, including the US, the Association of Southeast Asian Nations and the EU, also declined.

Although China's statistics of bilateral trade differed from their Japanese counterparts, they both revealed declining shipments between the two countries. The first half saw China's imports from Japan slump 13.8 percent year-on-year to $76.12 billion, according to China's General Administration of Customs. China's exports to Japan dropped 3.8 percent year-on-year to $70.81 billion in the same period.

The Japan External Trade Organization's data showed that Japan's imports from the Chinese mainland dropped 6.1 percent year-on-year to $85.84 billion in the first half, while the trade deficit with China was recorded at $24 billion, up 38.1 percent year-on-year.

Li from the Chinese Academy of Social Sciences, said Japan's shrinking imports from China were mainly caused by rising costs in China and depreciation of the yen, which weakened the competitiveness of Chinese goods.

"Throughout 2013, bilateral trade between China and Japan will not be satisfactory because Japan made no pragmatic moves to improve bilateral trade ties," he added.

"Meanwhile, Japanese investors became more worried about the Chinese market. New investment favors the Southeast Asian markets because of insufficient confidence in the Chinese market, although Japanese investors in China did not withdraw their investments," Li said.

He added that Japanese shifting of investment to the Southeast Asian countries, mainly in labor-intensive industries, started before the islands disputes and was caused by rising costs in China.

The shift away from China to Southeast Asia is likely to continue as Japanese companies seek a safer political environment as well as lower labor and business costs, The Wall Street Journal quoted the Japan External Trade Organization Chairman Hiroyuki Ishige as saying.

"On the back of increasing China downside risk, Japanese corporate investment in ASEAN has accelerated in 2013, a clear difference from investment in China," said the 2013 Japan External Trade Organization Global Trade and Investment Report on Aug 8.

The organization's data showed Japan's direct investments in China for January to June fell 31.1 percent from the year before to $4.9 billion. China's Ministry of Commerce said foreign direct investment from Japan rose 14.37 percent from a year earlier to $4.69 billion in the first half.

 
8.03K
 
...
主站蜘蛛池模板: 国产一区二区福利久久 | 精品免费久久久久国产一区 | 青娱乐色 | 午夜视频在线观看一区 | 91日本在线精品高清观看 | 亚欧毛片| 欧美视频不卡 | av在线天堂网 | 91精品国产91久久久久青草 | 国产精品日韩一区二区三区 | 亚洲国产天堂久久九九九 | 久久久久久久99精品免费 | 亚洲精品一区二区久久这里 | 欧美日韩永久久一区二区三区 | 日本高清无吗免费播放 | 欧美精品在线一区二区三区 | 国产好片无限资源 | 亚洲天堂爱爱 | 中文字幕无线码中文字幕网站 | 一区二区三区欧美视频 | 国产在线播放成人免费 | 澳门毛片免费观看 | 99国产精品免费视频观看 | 最新国产精品好看的国产精品 | 国产三级日产三级韩国三级 | 亚洲国产成人久久99精品 | 亚洲一级片免费看 | 久久99网站| 玖玖玖视频在线观看视频6 玖玖影院在线观看 | 日本视频免费在线播放 | 亚洲男女在线 | 欧美无玛 | 亚洲精品久久一区毛片 | 一本色道久久88加勒比—综合 | 毛色毛片免费看 | 成人亚洲国产 | 国产第一区二区三区在线观看 | 欧美成人aaaa免费高清 | 久久国产免费观看精品1 | 日韩精品一区二区三区 在线观看 | 亚州国产 |