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Exports Jump, but Is Japan Trading Up?

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Exports Jump, but Is Japan Trading Up?
AIRED:
A spring in his step after his G8 peers gave his policies the 'all clear' - another reason for Prime Minister Shinzo Abe to smile. The latest trade data shows Japan's exports jumped 10 percent in May from a year ago, the third straight month of gains. That's suggests Abe's push for a weaker yen, which is designed to make Japanese goods more competitive abroad, is working. And just in time, because investors are starting to lose faith in 'Abenomics' after a stock sell-off and volatile bonds.moreless
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