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In January, Japan recorded a record trade imbalance of 3.5 trillion yen

Published On 20 Feb 2023 02:10 PM


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Japan recorded its largest-ever trade deficit of 3.5 trillion yen in January as energy import prices rose and export growth slowed, with record red ink noted with major trading partner China, according to the Finance Ministry on Thursday. The deficit surpassed the previous record of 2.82 trillion yen in August last year, highlighting the vulnerability of the resource-poor country that depends on other countries for energy. According to the min....


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