From Chinese Media
Earthquake has little impact on Sino-Japan trade
Updated: 2011-04-11 13:34
By Zhao Tingting (chinadaily.com.cn)
Japan's devastating March 11 earthquake had little impact on Sino-Japan trade, Shanghai Securities News reported Monday. The report comes after foreign trade statistics were released April 10.
China's exports to Japan may even increase, rather than decrease, to replace the lost production in Japan due to the 9.0-magnitude earthquake, according to a MerrillLynch report.
Amid growing fears of radiation contamination caused by the earthquake, the General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) said that starting April 8, China banned imports of food, edible farm produce, along with fodders from 12 areas in Japan. On March 24, there were five Japanese counties being blacklisted.
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