Japan's exports post 1st annual gain in two years over shipments to China

Topics Japan | Exports | imports


By Tetsushi Kajimoto TOKYO (Reuters) - Japan's exports rose for the first time in two years in December, driven by shipments to China, government data showed, offering a glimmer of hope for policymakers counting on an export-led recovery amid a resurgence of the coronavirus. A recovery in exports may ease the risk of a double-dip recession, while the Bank of Japan is seen upgrading its growth forecast for next fiscal year at its rate review ending Thursday.

The central bank is expected to stand pat on policy. Still, the pace.

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