US ousts China as Japan’s top export market


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Financial Times
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Thursday April 18 2013

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US ousts China as Japan's top export market
The US has ousted China as the top destination for Japanese exports for the first time since 2009, as Chinese companies bought less industrial machinery because of the economic slowdown.

Japan's finance ministry on Thursday said the US had reclaimed the top spot in the fiscal year ending in March after exports to America rose 10 per cent to Y11.4tn ($116bn).

http://link.ft.com/r/WDI4RR/Q3OFMA/HDBRE3/081E46/209VER/ZH/h?a1=2013&a2=4&a3=17
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