Japan’s trade with China is booming, but irreconcilable differences persist

09/04/2018

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Dr. Michael Ivanovitch | CNBC

On the face of it, the idea of hostility between the two East Asian neighbors is sharply at odds with excellent trade numbers and Japan’s unrelenting efforts to keep open the bilateral flows of commerce and finance. Here is the latest: The Japanese sold to China 35.2 percent of all the goods they dumped on the rest of Asia in the first seven months of this year. And that was a 10.6 percent increase from the year earlier. For all of 2017, the Japanese export business to China literally flourished, soaring 20.5 percent after a 6.5 percent decline in 2016. Read more here