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Economy

Japan's economic expansion streak hinges on demand abroad

Trade friction threatens export-driven growth as economy verges on postwar record

A Tokyo container yard. Japan's second-longest postwar economic expansion has been fueled by strong exports, which are now threatened by trade tensions.    © Reuters

TOKYO -- As Japan heads toward its longest postwar economic expansion, rising trade friction poses questions about the durability of a boom that has depended on the global economy and export growth.

The government on Thursday declared the current expansion the second-longest in the postwar era, surpassing the 57-month so-called Izanagi boom from November 1965 to July 1970.

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