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Japan's exports surge 10% in December on strong demand for autos, revived trade with China

22 Comments

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The weak yen is also a main factor is it not?

7 ( +9 / -2 )

Trade with China is a very good thing. We might not be best friend politically, but our economies depend on each other, and that dependence itself encourages peace.

1 ( +6 / -5 )

leaving a trade surprise

Not your mistake but AP's.

A "trade surplus" surely?

Moderator: Thank you. It. has been corrected.

4 ( +4 / -0 )

Excellent news, hence the importance of good relations between Japan and China...

Without the dirty intervention of other people...

You know what circUS I'm talking about...

1 ( +6 / -5 )

Some still think that China is our worst nightmare while the world is almost fully reliant on it's factories and imports.

2 ( +6 / -4 )

Trade with China is a very good thing. 

Trade with an authoritarian regime, who uses rape as a form of torture, commits ethnic genocide against it's own people, constantly purges anyone who questions the leadership, encroaches upon the territories of neighboring nations, illegally strips foreign lands and seas of their resources, and instigates trade wars over public statements and regular government process, is a "good thing"?

3 ( +8 / -5 )

We must strengthen the yen so Japanese goods become more expensive abroad and when we repatriate the dollars to the yen we can get less yen. This weak yen is damaging thr importers who now have to pay way more for steel etc.

Of course the tourists will have to pay much more to visit japan. We need to bring it down to 105 yen for a dollar again now cause it costs us more to go to Hawaii now and for gasoline . Of course I don’t get a bonus from our company so it doesn’t matter if they make more profit from their exports.

3 ( +3 / -0 )

Still trade is better than conflict, period.

5 ( +8 / -3 )

trade is better than conflict

Doing business with an entity that will stab you in the back is better than having them stabbing you in the front? No, that's stupid and you're an idiot for thinking it.

-4 ( +3 / -7 )

Doing business with an entity that will stab you (etc)

You're saying that Japan shouldn't be doing business with China at all? Yeah, how well that would work out for Japan which pretty much relies on China in order to maintain a minimum standard of living.

0 ( +4 / -4 )

You're saying that Japan shouldn't be doing business with China at all

Yes

how well that would work out for Japan which pretty much relies on China

You mean like how the U.S. is reliant upon West Taiwan for ALL of our manufacturing? No, that's unacceptable.

in order to maintain a minimum standard of living

Get out of the damn cities and that solves 90% of those problems.

-2 ( +4 / -6 )

This weak yen is damaging thr importers who now have to pay way more for steel etc.

Japan is an exporter of steel.

4 ( +5 / -1 )

Excellent news, hence the importance of good relations between Japan and China...

China exports more to Japan than Japan exports to China. In fact Japan is running trade deficit with China.

2 ( +3 / -1 )

Business is business. However, being a good and peaceful neighbor (respectful of others) is more important.

Sometimes it looks as though the world revolves around money, and this should not be the case.

2 ( +2 / -0 )

KoolKoiToday  10:53 am JST

Japan is an exporter of steel.

Japan also imports steel too.

Anyway I personally believe a weaker yen isn’t bad. It helps our exports and allows our factories to repatriate those dollars and get more yen and if they put that into dividends,that’s good for share holders, and can give the workers a bonus which can either be spent of invested or saved and could boost stock prices too. Sadly it also means investors pay more for dollars, pounds euros etc etc.

0 ( +1 / -1 )

This is good news.

Just regarding relations with China, but if you think inflation is or has been bad, just wait until there is some kind of trade disruption with China. Prices will skyrocket. No more cheap phones, cheap furniture, cheap household goods at the 100 yen store.

If you think action on China would actually achieve something, just look at Russia. Sanctions on them have had no effect whatsoever. All that's happened are Europeans are paying much more for energy, weakening their economies and lowering their standard of living. The Russians are still selling their gas and oil (now to India and China) and look likely to win in Ukraine.

-3 ( +2 / -5 )

More money for corporations less buying power for workers.

1 ( +2 / -1 )

All democratic nations - including Japan - should be doing everything they can to diversify their trade around the world, and divest from trade with Communist China.

China is no friend of Japan and never hesitates to use trade as political leverage and indeed punishment. To rely on China for a large part of trade is incredibly dangerous.

2 ( +4 / -2 )

China is better than importing oil from the Middle East. Toxic backwards region and supporting climate change. I'd rather deal with the latter than the former.

-2 ( +0 / -2 )

China is better than importing oil from the Middle East

No, it's the same thing.

2 ( +2 / -0 )

A weak Japanese yen has helped export manufacturers like Toyota, Honda and Sony...

Indeed.

Recent Japanese exports:

2019 - 76.9 trillion yen (Before Covid-19)

2020 - 68.4 trillion yen

2021 - 83.1 trillion yen

2022 - 98.2 trillion yen

2023 - 100.9 trillion yen (Record High)

This is the reason why investors are interested in the Japanese market now.

2 ( +2 / -0 )

MarkToday 09:12 am JST

Some still think that China is our worst nightmare while the world is almost fully reliant on it's factories and imports.

Except the world isn't "almost fully reliant" on it at all. And the reliance that is there is lessening by the day, as India, SE Asia, and other places gradually take China's business.

toraToday 09:55 am JST

Japan which pretty much relies on China in order to maintain a minimum standard of living.

Again, no it simply doesn't.

kohakuebisuToday 11:10 am JST

If you think action on China would actually achieve something, just look at Russia. Sanctions on them have had no effect whatsoever.

Of course they've had an effect, and sanctions on China would be even worse for China than for Russia now, since it's more integrated into the world economy. Yes, the sanctioning countries would be hit too, but they can band together to absorb the blow. China could only band together with other authoritarian hellholes like North Korea, Russia, Iran and a few other tinpot dictatorships, so it would suffer far more.

VillanovaToday 02:34 pm JST

China is better than importing oil from the Middle East. Toxic backwards region and supporting climate change. I'd rather deal with the latter than the former.

They're both bad, and China is the biggest polluter on the planet. I'd rather deal with neither of them.

0 ( +0 / -0 )

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