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The unemployment rate fell to about 3.8% and primarily attributed to the negative population growth.
Export for Japan is largely concentrated in the US and China while other countries like South Korea, Taiwan and Hong Kong have also been on its export map. The other south eastern nations’ requirements are mostly satisfied by China...
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The other south eastern nations’ requirements are mostly satisfied by China. Also, they view Japan in a negative light as the country who had invaded South-East Asia during the war time. The export industry is manufacturing oriented with a weak contribution from services sector. Japan is heavily dependent on import for its oil supplies with almost no in house production (Appendix 3)...
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