Wednesday, November 21, 2012

China's Anti-Japan Sentiment Is Seriously Hurting To Japan's Economy

Every once in a while, China and Japan get into a loud political dispute over a couple of islands in which leads to boycotts of each other's goods, Bi’s Sam Ro  reports.

"We think that the impact has been worse than previous disputes over the same islands," writes SocGen's Kiyoko Katahira in a new note.

Earlier, Japan reported that its exports fell than 6.5 percent, which was worse than expected.  This was largely due to the 12.3 percent drop in motor vehicle exports. And nowhere were motor vehicle exports worse than in China…..

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