Thursday May 24, 2012

JAPAN NEWS AND DISCUSSION

Japan export growth slows

Business Aug. 25, 2010 - 10:12AM JST ( 15 )

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15 Comments

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WeaselAug. 25, 2010 - 11:55AM JST

I thought everyone loved that the Yen was getting stronger?
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kyokenAug. 25, 2010 - 12:34PM JST

as the global economy loses momentum and a strong yen threatens to derail the country’s recovery.

Recovery? Which recovery? The "recovery on paper" the BOJ announces every year and then is surprised that it doesn't happen?
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some14someAug. 25, 2010 - 12:46PM JST

low but steady surplus...not bad.
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herefornowAug. 25, 2010 - 02:56PM JST

some14some -- your ability to not see the obvious is very impressive. Sure, in the simplist sense, a trade surplus is better than a deficit. But not when decades of focusing on exports has kept the domestic economy from growing to the level it should. Japan's export-driven model was fine for the post-war recovery, but it is simply out of touch with the reality of the world economic order in the 21st century.
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namabiru4meAug. 25, 2010 - 03:08PM JST

Strong yen + reduced exports = dying manufacturing in Japan... I can feel it and see it.
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theproAug. 25, 2010 - 03:24PM JST

Abandon ship
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stefanustAug. 25, 2010 - 11:32PM JST

BOJ....hm any body there?

they dont care about export in japan. just take salary and sleep.
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BrandedAug. 26, 2010 - 12:06AM JST

"The latest figures come as the country faces the growing threat of a strong yen, which hit a new 15-year high against the dollar Monday. An appreciating yen shrinks the value of repatriated profits for exporters like Toyota Motor Corp and Sony Corp and makes their products less competitive overseas."

Ahhh Baloney ! The US dealt with yen rates pegged at 230 yen to the dollar for years- and the yen was well over 140 to the dollar for decades ! Stop your whining and start creating domestic demand through imports. If it wasn't for the old fuddy duddy mind set within Japan's corporate culture- these would be booming times for everyone ! Japan continues to threaten the health of the global economy through sheer selfishness and an outdated economic model ! Now there's something for Ozawa to put in his pipe and smoke !
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sfjp330Aug. 26, 2010 - 05:15AM JST

How fast and how long the tide is rising will depend to some degree on policy interventions and their effect. Short-term government spending is necessary in a recession to fill the hole left by the lack of consumption and investment, but it is not a sustainable way to boost economic growth over the medium term. The private sector has to take on that role of generating sustainable momentum. That’s why it is critically important to see expansions in business investment and consumer spending at this point.

Anybody interested in understanding whether the recovery will continue and possibly gain strength needs to take a close look at what private businesses are doing. Businesses will only spend more money on new office buildings, factories, and supplies if they expect that the economy will continue to expand and there will be more customers for their products in the future. Many investments, after all, are rather long-term propositions.
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jruaustraliaAug. 26, 2010 - 04:16PM JST

@sfjp330 Please quote the link above http://www.americanprogress.org/issues/2010/07/gdp_numbers.html
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jruaustraliaAug. 26, 2010 - 04:33PM JST

Manufacturing activities was slow last July. With the month of May on mind manufacturers were worried of irrational buying/ excessive production that most probably decided to delay business expansions....

My gut instinct is that it will, eventually, pick up. Naturally, with Asian consumers on mind and the region's real economy unaffected by o.seas development.

(Rebound-ing economies, from Malaysia to India, have been raising interest rates due to accelerating economic pace)

Signs are all good, for Asia anyway =/
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sfjp330Aug. 27, 2010 - 04:38AM JST

jruaustralia at 04:33 PM JST - 26th August. Signs are all good, for Asia anyway =/

With the current exchange rate, Japan's softening export orders shows the risk that weakness in overseas demand will drive a deeper slowdown in the world’s third-biggest economy. Also, China will continue to have increase in inflation. July’s inflation rate, the highest in 21 months. This is a major signal for slowdown in Chinese economy, especially with increase in food and housing cost. Especially with average labor rate going up over 8 percent this year, and who know how much next few years. If this continues, there will be more companies in China that will be less competitive and might not be able to survive. I guess for you, signs are good in illusion.
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jruaustraliaAug. 27, 2010 - 11:13AM JST

@sfjp330 Please provide the link above http://www.businessweek.com/news/2010-08-11/china-s-peak-inflation-may-leave-room-for-stimulating-economy.html

And what exactly are you trying to sell, huh?
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sfjp330Aug. 28, 2010 - 03:59AM JST

ruaustralia at 11:13 AM JST - 27th August. And what exactly are you trying to sell, huh?

You really cannot see between lines. Point is China has problem with basic needs such as labor cost, food, and housing cost that are going up at almost a double digit rate or more and that is not substainable. The inflation will be a major problem in China in near future, especially if Yuan is adjusted closer to real value.
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jruaustraliaAug. 28, 2010 - 05:24AM JST

Point is China has problem with basic needs such as labor cost, food, and housing cost that are going up at almost a double digit rate or more and that is not substainable. The inflation will be a major problem in China in near future, especially if Yuan is adjusted closer to real value.

Uhu-- wonder whether I have to go back to the original source of your copy+pasted material... So is it Chinese inflation now, huh?

Point is, mate, you kinda lost me a bit :(