Wednesday, August 19, 2009

China becomes Japan's largest trading partner in first half of 2009

TOKYO, Aug. 19 (Xinhua) -- China becomes Japan's biggest trading partner in both exports and imports in the first six months this year, as the global economic downturn affected Japan-U.S. trade more seriously, the Japan External Trade Organization (JETRO) said Wednesday.

Exports to China fell 25.3 percent from a year earlier to 46.5 billion dollars and imports from the country dropped 17.8 percent to 56.2 billion dollars, however, trading with other countries and regions including the United States showed larger declines, JETRO said in its report.

It is the first time exports to China surpassed those to the United States.

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