On the weak yen-boosting exports.

• Author: Rees, Matthew
• Position: Japan - Brief article

"These days, China has replaced Japan as the world's trade-surplus bogeyman of choice. Yet by some measures, Japan is just as formidable a competitor as it was in the mid-1980s, when massive intervention was considered the only means of stopping the onslaught of Japanese exporters."

"In the first quarter of this year, exports accounted for 17 percent of Japan's nominal gross domestic product, according to Nikko Citigroup, against...