Exports grow despite increasing global risks

Global commerce: A security guard monitors the situation at Japan Advanced Semiconductor Manufacturing Company in Kikuyo, Kumamoto. Exports rose 3.1% from a year ago, led by strong demand for chip-making equipment, especially from China. — AFP

TOKYO: Japan’s exports picked up more than expected in October as demand from China and the rest of Asia held firm even in the face of mounting uncertainties in overseas markets.

Exports rose 3.1% from a year ago, led by strong growth in shipments of chip-making equipment, especially sales to China, the Finance Ministry reported yesterday.