Japan Runs Trade Deficit as Exports to China Collapse
November 21, 2012 at 15:28 PM EST
Japan's Ministry of Finance reported Wednesday that Japan's trade deficit for October was 549 billion yen ($6.7 billion), the fourth consecutive monthly trade deficit. The October trade deficit was much bigger than the 360 billion yen ($4.4 billion) forecast by economists. Japan's exports to China were down 11.6 percent year-over-year, paced