Japan sliding towards recession
Japan’s economy shrank at the fastest pace in almost six years in the final quarter last year, hit by a rise in sales tax, destruction caused by typhoon Hagibis and a slowdown in global demand as a result of the US-China trade war. Gross domestic product shrank between October and December by an annualised 6.3 per cent, government data showed — much faster than the market forecast of a 3.7 per cent drop and the first decline in five quarters. There are concerns that the coronavirus outbreak

Read in The Times of London: https://apple.news/AQb6ohUZOREuhp7nssPjgGg

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