Japan’s new US$121 billion fiscal package to boost growth amid trade war and post-Olympic slump
December 6, 2019 6:53 am
Subscribe to our YouTube channel for free here:
https://sc.mp/subscribe-youtube
Japan’s cabinet approved a US$121 billion stimulus package on December 5, 2019, in hopes of fighting the risks of the ongoing US-China trade war and a possible economic slump after the 2020 Tokyo Olympics. Prime Minister Shinzo Abe will now launch the stimulus, which follows a near standstill between July and September for the world’s third-largest national economy.
Follow us on:
Website: https://scmp.com
Facebook: https://facebook.com/scmp
Twitter: https://twitter.com/scmpnews
Instagram: https://instagram.com/scmpnews
Linkedin: https://www.linkedin.com/company/south-china-morning-post/
Category: Business
