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Article: China set to replace United States as biggest exporter to Japan
- Article from:
- AP Worldstream
- Article date:
- August 22, 2002
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Dateline: TOKYO
China is on pace to replace the United States as the top exporter
to Japan and could do it as early as this year, the Japan government
said Tuesday.
The news comes as Japan reported that total trade with China, imports
and exports, rose 3.4 percent to a record high dlrs 45.12 billion
in the first half of the year.
China is still Japan's No. 2 trading partner behind the United States.
But the figures indicated China is rapidly passing the United States
as the top exporter to Japan.
The U.S. Commerce Department announced Tuesday that the U.S. trade
deficit narrowed only slightly in June to dlrs 37.2 billion, the second
biggest deficit on record. Trade ...