business

Pandemic to hit Japan's economy more than expected; U.S.-China tension adds to concerns

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By Kaori Kaneko

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© Thomson Reuters 2020.

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an additional source of concern for the world's third-largest economy, which is heavily reliant on exports

Yet again the palpably false narrative of export reliance is enlisted to justify depreciating the yen and inflicting even more hardship on the multitudes. At only around 16%, Japan’s exports to GDP ratio ranks 4th lowest behind the US, India, and Belgium as the LEAST export reliant economies among the top 25 globally.

https://en.m.wikipedia.org/wiki/List_of_countries_by_exports

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