business

Japan exports slip in November despite uptick in trade with China

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Wait, didn't they just say last week that everything was improving overall with business in Japan?

3 ( +3 / -0 )

Yes, yes the did make that claim on December 8 that "Japan's economy grows 22.9% in 3rd quarter, bouncing back from COVID".

https://japantoday.com/category/business/japan's-economy-grows-22.9-in-3q-bouncing-back-from-covid

> The sizeable upward revision to Q3 GDP and the sharp rise in ‘core' household spending in October support our view that Japan’s economy will recover from the pandemic faster than the consensus expects," Tom Learmouth of Capital Economics said in a commentary.“We think GDP will rise by another 2.1% (quarter-to-quarter) in this quarter and surprise to the upside next year," he said.

So... eight days later, what happened? Do auto exports not count as part of Japan's economy or do these numbers get tossed around so frequently that they themselves can't keep track of them? What gives?

4 ( +4 / -0 )

@Reckless

I just got my winter bonus and found a nice 42% went to taxes and social insurance

You should be happy that at least you got a winter bonus.

Mine was completely canceled.

But if you don't want it, give your Bonus to me, I will pay the tax.

2 ( +3 / -1 )

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