Japan exports slump as coronavirus hits U.S., Chinese demand

By Administrator_India Capital Sands Japan’s exports slumped the most in nearly four years in March as U.S.-bound shipments, including cars, fell at the fastest rate since 2011, highlighting the damage the coronavirus pandemic is inflicting on global demand and trade. Monday’s bleak data underscored the challenges Prime Minister Shinzo Abe’s government faces in dealing with a collapse in an activity that is expected to send the global economy into its deepest slump since the Great Depression of the 1930s. After a jump in virus cases, Abe expanded a state of…

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