Japan suffered another sharp decline in exports to China in November, reflecting a slowdown in Chinese growth and the lingering damage of a territorial dispute.
Falling exports to China helped push the trade deficit to Y953.4bn ($11.3bn), the third-largest monthly deficit in more than three decades, and the fifth consecutive decline.
The trade deficit for this year is on course to be an annual record, given that the cumulative deficit in the year to date is Y6.8tn. The record trade deficit so far was the Y2.6tn posted in 1980.
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