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US Overtakes China As Japan's Top Export Market
Demand for Japanese goods in China have plunged across the board since the Senkaku Islands dispute has led to widespread Chinese boycottts of Japanese products. As the FT reports, the last 12 months have seen shipments to China plunge over 9% to JPY11.3tn. But have no fear, the credit-loving, all-consuming US citizen stepped up to the plate (though we note not enough since Japan's trade balance has crashed anyway) buying cars, car parts, and electrical machinery. Exports to the US have risen over 10% in the last year to JPY11.4tn - now larger than China. This is the first time since May 2009. Clearly the slowdown in the Chinese economy is also exacerbating the problems for Japan but one analyst warns, "this weakness is structural, not cyclical." The IMF's chief economist was hardly optimistic, noting that the US overtaking China was a "big change" in light of a longer-term trend to deeper intra-Asia integration - "I hope the clouds clear soon." We are sure Abe is watching closely as the US economy also rolls over.
The USA overtakes China s Japan's Top Export Market...
As the two nations diverge dramatically...
It is worth noting that while the JPY has devalued 30% in the last 6 months, it has done little to spur significant shifts during that time - look at YoY changes which are pretty much flat (in second derivative terms) which is also reflected in the deterioration of Japan's trade balance overall...
Charts: Bloomberg
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What a surprise!
Have to keep the vassal states in business.
Japan is make good stuff! Better than Chinese crap to break!
Da, konyechno.
Yes, of course.
of coarse acquisition...
?
Radioactive everything doesn't make it better, just defers the real cost.
Where does a laptop sit most of the times? Best birth control method ever.
So when does USPS start ordering only Japanese cars instead of GMs?
why was the saudi national deported ASAP?
to get to the other side?
Q: How many Saudi National to screw incandescent bulb?
A: One, but does by remote cell phone trigger.
Radioactive Jap shit, par for the course...
http://www.youtube.com/watch?v=EGnece4p6Ng
Such relentless Nihon glowing-in-the-dark gifts from Fuki are generously distributed worldwide, not only for the Amerikan, though one may safely assume that the Amerikan consumers get the most among the foreign recipients.
the ole sayin... keep your freinds close but your enemies closer has officially been 'bernak`'D ?!
that cannot be good......i never see anything with made in Japan tags on them
"They" can devalue their way to prosperity because "they" get all the new Yen while everyone else gets the devaluation.
Yep. And Americans lose their jobs and have to borrow money to buy the Japanese exports.
C'mon, if somebody does approach me with such enormous very cheap credit offer under extended term (basically i know that i won't need to pay it back during my lifetime) to allow me to extravagantly consume all the latest and the most sophisticated stuffs and gadgets provided by that Samaritan, i will happily welcome him or her and showing my sincere and deep gratitude!
Do they call him "Honest Abe" in Japan?
yes but they seem to be a bit confused...
they also say he chop down cherry tree and cannot tell a rye.
Spot the odd man out http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=logarithmic&chdeh=1&chfdeh=0&chdet=1366315200000&chddm=1172.9999999999997&chls=IntervalBasedLine&cmpto=NYSEARCA:UNG;NYSEARCA:SPY;NYSEARCA:SLV;NYSEARCA:GLD&cmptdms=0;0;0;0&q=NYSEARCA:USO&&fct=big&ei=0QhwUfi2NMu00QGCkgE
Yeah, UNG is making a nice recovery....perhaps good time to add this commodity?
I have to ask - what other than Playstations and plastic robots is Japan exporting to the US?
Students
Companionship...
Why play with rubber dogshit from China, when you can have iPets from Japan!
Unfortunately every iPet ships with: Worms
https://itunes.apple.com/us/app/worms/id321369231?mt=8
wait, you mean the US still exports somethin"???
oh yeah, i forgot -....Honey Boo Boo
Back to future.
http://www.youtube.com/watch?v=0ZEgluZJpBM
Many US outfits setting up in Canada. Healthcare is universal here so overall labour cost is much cheaper.
I LOLed.
Cost-free universal healthcare, now there's an oxymoron if I ever saw one. Here's a clue, when costs are transferred from consumers onto others, there is NEVER a decrease in price. All that's happening is the US corps are helping to further hollow out your society in a manner you cannot quantify.
TADA!!!
Good luck with that. You're gonna need it.
Speaking of Japanese exports..I just recieved my Japanese robotic girlfriend Via Fedex
http://a57.foxnews.com/www.foxnews.com/images/478342/450/350/0_24_aiko_o...
edit : Don't tell my wife. She will be pissed that I spent that kind of money.
Very rife rike.
It's ok, Doc. I bet her sweet Japanese doll lips are sealed....she'll never tell on ya.
so chinese consumers... are not as economically stupid as their US counterparts?
This is an 'american' world and it is organized so that the US market is the ultimate consumption sink in the world.
Will put quite a lot of pressure of US borders for sure.
Be outside the US and your consumption is jeopardized.
This is a Chinese citizenism world and it is organized so that the roadsides are the ultimate excretion sink in the world.
Will put quite a lot of pressure on Tibetan borders for sure.
Crap elsewhere than the roadside and your Chinese citizenism is jeopardized.
Wonderful. Time to buy a geiger counter to check everything I buy for Fukushima products.
You buy our stocks and bonds, we buy your wares, invite you to TPP negotiations, and tell China that we'll stand by our man (in Japan).
The US (CIA) has just begun an assault on Chinese interests in the Levant : the two biggest Israeli gas finds - Leviathan and Tamar - lie off 130 and 80 kilometers from the port city of Haifa. While Leviathan is estimated to hold reserves of 16 tcf of gas, Tamar's reserves amount to at least 8.4 tcf. (Recently, two more gas fields - Sarah and Mira - were discovered off the port city of Hadera further south of Haifa.) Chin is supposed to construct a new railroad that would facilitate transfer of liquefied natural gas from Israel's Mediterranean coast to the Red Sea coast from where they can be shipped across the Indian Ocean to energy hungry China. Explosive details here
those chineses will never understand the magic of "buy now, pay later" !
they understand "buy bonds, pay rater" though.
The real topic: Japan is losing grip on Chinese market.
Another take...are sides being taken for the next war....or is that too simple...
Are we really able to track the difference between a Chinese company selling us a product made in China, versus a Japanese company that off-shored production to a factory in China and that sells us the same product? Or for that matter, is it really an 'import' if we are buying a product from an American company that off-shored production into China and is selling us the same product too?
china must be extremely pleased with this situation: a) transfer the trade deficit with usa to japan, b) less purchase commitment on the us treasury, and c) larger japanese yen depriciation. it all becomes japan and usa trade issue to open japanese market through tpp negotiation. abe is not that intellegent after all.
Could it be that unethical US MBA shisters find buying radioactive products for unsuspecting US sheep consumers driven only by price???? No, that would never happen.....?