Japan posts 1st trade surplus in 4 months, while exports remain weak

Japan saw its first goods trade surplus in four months in July, while exports remained sluggish with the continued impact of the novel coronavirus pandemic suppressing overseas demand, government data showed Wednesday.The country logged an 11.6 billion yen ($109 million) goods trade surplus, helped by the first increase in exports to China in seven months. Exports to Japan's largest goods trading partner rose 8.2 percent from a year earlier, according to a preliminary report by the Finance Ministry.Overall exports in July dropped 19.2 percent from a year ago to 5.37 trillion yen to mark a d…READ FULL ARTICLE