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72% of firms see moderate economic growth in 2021

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while only 1 percent were in support of the administration's move to lower mobile phone fees that it sees as higher than in other countries.

Haha. I have been railing against this big government intervention in price setting, so glad to see that 99% of my fellow residents also feel Suga is off base there.

Suga should have done something in the free market competition space if he really thought it necessary. Not be lazy and declare how much he thought the price should be.

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72-80% of all Japanese firms are heavily reliant on China and Vietnam for growth. Since both places have defeated Covid-19 and currently research their own vaccines, all firms in Japan to the West are optimistic for a good reason.

It's really just optimistic speculation. If the basis for the comparison is the 2020 pandemic economy, then it's setting the bar really low.

It makes sense because all Japanese growth and performing assets are now stashed in China and Vietnam. The Communists did well, so of course, they are optimistic for themselves. Japan will probably face something far worse than Great Depression if Covid-19 won't be handled and Olympics 2021 won't happen; however, Japan Inc will still thrive outside the country without ever sending those profits back to Japan. Money stays in China, Vietnam, and the West.

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It's really just optimistic speculation. If the basis for the comparison is the 2020 pandemic economy, then it's setting the bar really low.

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And that will go away if another SOE is declared.

-4 ( +0 / -4 )

From what I hear on the ground, people are ready to do business again domestically and internationally.

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For most companies, 2020 was bad, so 2021 can only be better

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Some 72 percent of major Japanese companies expect the economy to expand at a moderate pace in 2021 amid hopes that the fallout from the coronavirus pandemic will subside, according to a Kyodo News survey.

If only the public could also expect reliable growth in their personal finances. As the impact of COVID-19 extends to over a year and many small businesses and freelancers pack it in, and a looming Olympic cancellation could cost trillions the recovery is definitely pointing to being K-shaped.

4 ( +5 / -1 )

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