Home / Latest News /
Japan economy shrinks as China dispute takes toll
By The Associated Press
This article was published November 12, 2012 at 11:10 a.m.
TOKYO — Japan’s economy contracted in the latest quarter, signaling that like Europe it may already be in recession, further weighing down world growth.
On an annualized basis, the world’s No. 3 economy shrank 3.5 percent in the July-September quarter, the government reported Monday.
It was in line with gloomy forecasts after Japan’s territorial dispute with China hammered exports that were already weakened by feeble global demand.
Read tomorrow's Arkansas Democrat-Gazette for full details.
Comments on: Japan economy shrinks as China dispute takes toll
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.
You must login to make comments.