BUREAUCRATIC LOGJAM DELAYS JAPAN'S $1 TRILLION CORONAVIRUS AID

HIGHLIGHTS

• Due to coronavirus pandemic, businesses shut down and that is why there was no revenue. Thus, most businesses reached the stage of shutting down.
• Many businesses failed and many were taken over by Chinese companies.
• To save Japanese businesses, the government of Japan has planned a $ 1 Trillion economic package.

Although Japan has rolled out a series of spend....