date:Jun 05, 2012
and global GDP, respectively, and 18.5 per cent of global exports in 2010. The three nations together have an annual GDP of USD 14 trillion and together reported USD 6.5 trillion trade in 2011. However, only 20 per cent of trade between the three neighbors is with each other, whereas EU members do two-thirds of their overall trade with each other.
Japan is hoping access to China for its high-tech exports will boost a stagnant economy. However, the country has stalled in negotiating an free-tra