Japan's economy shrinks on weakening exports
China Daily | Updated: 2012-02-14 07:54
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A shipping terminal in Tokyo. Major exporters from Sony Corp to Panasonic Corp significantly increased their annual loss estimates as a result of slowing global demand. At the same time, Japan's economy may get a boost this quarter from more post-quake reconstruction work, fading disruptions from floods in Thailand and signs of improvement in the United States. Haruyoshi Yamaguchi / Bloomberg |
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