China passes US as top Japanese export buyer, topping 20%

[xizhimen]

China passes US as top Japanese export buyer, topping 20%
Cars and cardboard drive gains, even as some companies warn on overreliance

A container ship sits at a port in Shenzhen. Last year, China replaced the U.S. as Japan's largest trading partner. © Reuters

Nikkei staff writers
January 22, 2021 07:32 JST

China took in 15.08 trillion yen ($146 billion) worth of Japanese goods in 2020, according to preliminary data released Thursday by Japan's Ministry of Finance, leapfrogging the U.S. to become Japan's leading destination for exports for the first time in two years.

China passes US as top Japanese export buyer, topping 20%

Cars and cardboard drive gains, even as some companies warn on overreliance

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[xizhimen]

US may win in a lip service war, but in the global trading war, US lost all its allies to China, EU, Japan, Korea, India, Australia, Israel... and non allies like Africa, Latin America, SEAN, Gulf Arab nations.

US is still Canada's biggest trading partner, hopefully US can still hold this title for some time.

 

[TaiShang]

US may win in a lip service war, but in the global trading war, US lost all its allies to China, EU, Japan, Korea, India, Australia, Israel... and non allies like Africa, Latin America, SEAN, Gulf Arab nations.

US is still Canada's biggest trading partner, hopefully US can still hold this title for some time.

US cover up the deficit by exporting terrorism and disturbance in other places.

 

[Talha Farooq]

Looks Like the whole world is gonna shift on Japanese vehicle cause of their quality