Japan’s international trade activity fell for a 10th straight month in February after imports slumped 13.9% lower year over year on a 47.1% collapse in shipments from China. The latter reflects disruptions caused by the coronavirus outbreak. Japanese exports meanwhile only fell by 1.0% including a 0.4% slip in shipments to China, perhaps linked to a slow return to normality in China late in the month. The stability in Japan’s exports was partly down to improved exports of materials – e.g. semiconductors rose by 23.2% and steel by 8.9% – while capital goods decl...