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Japanese machine tools stage a battle in China, the impact of the Diaoyu Islands issue cannot be ignored

by：Gewinn 2022-05-08

According to Japanese media reports, the Japan Machine Tool Industry Association announced that Japan's machine tool orders in August 2012 were 96.3 billion yen (about 1.23758 billion US dollars), a year-on-year decrease of 2.6%, and it has been lower than the actual performance of the same month last year for 4 consecutive months. Machine tool orders fell below 100 billion yen ($1,285.13 million) for the first time in seven months in August, the benchmark for judging whether order demand is strong. In addition, the issue of ownership of the Diaoyu Islands has sparked a surge of anti-Japanese sentiment, and the impact of this incident has already spread to Japanese machine tool sales. According to China Machine Tool Network (Machine35.com), the order value in Japan in August was 29.4 billion yen (about 377.83 million US dollars), a year-on-year decrease of 21.6%. The value of overseas orders was 66.8 billion yen (about 858.47 million US dollars), an increase of 9.0% year-on-year, the first time that it turned to growth after eight months.

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