Japan Opens Up After Coronavirus

Japan has taken care of coronavirus pretty well and they are opening now


Japan was one of the first countries to be affected by coronavirus , but was also one of the last countries to go into lockdown, even after Europe and the US went into lockdown. The virus spread slowly in Japan, so they tackled this problem pretty well to be honest.

In fact, all of southeast Asia has been facing coronavirus pretty well and they have had the smallest impact from the pandemic. Now Japanese prime minister Shinzo Abe is announcing the reopening of the country, which will help the economy. Below are his comments:

  • Japan has managed to bring the epidemic under control
  • The exit from the pandemic is in sight
  • Will lift state of emergency in the country as of today
  • Infections per capita in Japan are low compared to other G7 nations
  • Professional baseball games, concerts to start resuming
  • Japan to continue to strengthen testing regime
  • Preventing spread of infections while restarting the economy is a tough challenge
  • There is a possibility to reimpose state of emergency if virus infections pick up
  • Economic revival remains the top priority
  • Government, BOJ will deploy all necessary steps to overcome virus fallout

This is essentially Abe declaring ‘victory’ over the coronavirus outbreak in the country, as he calls an end to the state of emergency for all of Japan. What is interesting to note is that he is also starting to give the green light for large crowd events, i.e. concerts.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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