Conf call redux: does Kuehne + Nagel know its toys from its teus?
Yo bro, where’s the growth?
© Khunaspix Dreamstime.
Once Asia’s economic powerhouse, Japan last year recorded its largest ever trade deficit. This article looks into the reasons behind it, but the short answer is that it was caused by three principle factors – record fuel imports; declining demand for its finished goods in recession-ridden Europe; and a territorial dispute with the Chinese government over Pacific islands, that hit trade with the Asia’s current economic powerhouse.
Comment on this article