‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

The first of the many avalanches has begun for China. The Shinzo Abe government of Japan has approved a  stimulus package worth whopping 108.2 trillion yen (US$993 billion) – equal to 20 percent of Japan’s economic output – to cushion the impact of the epidemic on the world’s third-largest economy. Out of the total amount, it has earmarked … Continue reading ‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China