Japan’s exports hit its lowest in more than three years in December as degeneration in the Chinese economy and emerging markets dented the economy.
A Ministry of Finance data showed exports slid 8.0%, its decline for three consecutive months and its largest slide since September 2012. Seasonally-adjusted exports slipped 3.8% in December from a month ago.
Imports dropped 18.0%, bringing the trade balance to about ¥140.2 billion ($1.18 billion).
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