Japan’s state of emergency to curb the coronavirus has put a lid on spending, too

Jan 28, 2021 | INVESTING

As Japan prepares to extend its state of emergency beyond February 7, the country’s public is largely resigned to its fate. Most people say they are simply battening down the hatches to get through this latest phase of the Covid-19 pandemic, and looking forward to when they can return to restaurants and bars, shops and malls, or once more go on holiday.“We have not been out to a restaurant since the pandemic started last year because we just do not want to get ill or spread the virus,” said…

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