{"id":217,"date":"2021-02-16T13:41:01","date_gmt":"2021-02-16T05:41:01","guid":{"rendered":"https:\/\/www.gochambers.com\/globalupdates\/?p=217"},"modified":"2021-02-18T14:43:42","modified_gmt":"2021-02-18T06:43:42","slug":"japans-economy-contracted-by-nearly-five-per-cent-in-2020","status":"publish","type":"post","link":"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/","title":{"rendered":"Japan’s economy contracted by nearly five per cent in 2020"},"content":{"rendered":"

Japan’s economy, the next Olympic host, shrank 4.8% during the 2020 COVID-scarred period, according to recent preliminary figures from the country’s Cabinet Office.\u00a0<\/span><\/p>\n

The final quarter results were also better than expected, with production increasing by 3% compared to the previous three months.\u00a0<\/span><\/p>\n

However, once again, emergency COVID containment policies are likely to constrain development in the current century.\u00a0<\/span><\/p>\n

The stop-start trend is characteristic of many national economies as they pursue an acceptable equilibrium between defending disadvantaged people and mitigating economic risk.<\/span><\/p>\n

\"\"
Image source: The Japan Times<\/figcaption><\/figure>\n

An annual contraction of just under 5% is expected to leave Japan among the mid-ranked nations for economy success in a humiliating and extremely stressful year.\u00a0<\/span><\/p>\n

Tokyo was scheduled to stage the second Summer Olympics and Paralympics in the third quarter of 2020 after a one-year postponement of the pandemic that came to control world affairs.\u00a0<\/span><\/p>\n

The Olympics are currently scheduled to run from July 23 to August 8, with the Paralympics expected to run from August 24 to September 5.<\/span><\/p>\n

However, the occurrence of new cases of COVID-19 in the world has decreased dramatically since the first part of January to less than 2,000 a day.\u00a0<\/span><\/p>\n

In a further encouraging growth, vaccination of healthcare staff is set to begin this week following the acceptance of the BioNTech-Pfizer vaccine.<\/span><\/p>\n

Source: Inside The Game Biz<\/span><\/p>\n

*****<\/p>\n

About\u00a0Skyhigh.Vip<\/a><\/p>\n

Skyhigh.Vip<\/a>\u00a0is a global institutional investor with vast interest in\u00a0Arts\u00a0<\/a>\/\u00a0Construction<\/a>\u00a0\/\u00a0Education<\/a>\u00a0\/\u00a0Business Services<\/a>\u00a0\/\u00a0E-Sports\u00a0<\/a>and various other growth industries.<\/p>\n

Several of its popular portfolio includes\u00a0GO Chambers<\/a>\u00a0which is the world\u2019s largest business chamber listing providers with over 30,000 active\u00a0chambers<\/a>\u00a0as its members.<\/p>\n

Flexgigzz<\/a>\u00a0is the Asia leading marketplace for freelancer service and together with\u00a0SOHO Learning Hub<\/a>\u00a0which is an online platform for short courses and both of them aims to be the number one provider in Asia. For growth industries such as\u00a0E-Sport Authority\u00a0<\/a>which is dedicated to providing independent media coverage to all\u00a0E-Sport\u00a0<\/a>News related from around the world and for the art world, there is\u00a0Atelier Auction<\/a>\u00a0which is an investable art auctioneer and being in the art scene for decades.<\/p>\n","protected":false},"excerpt":{"rendered":"

Japan’s economy, the next Olympic host, shrank 4.8% during the 2020 COVID-scarred period, according to recent preliminary figures from the country’s Cabinet Office.\u00a0 The final quarter results were also better than expected, with production increasing by 3% compared to the previous three months.\u00a0 However, once again, emergency COVID containment policies are likely to constrain development […]<\/p>\n","protected":false},"author":5,"featured_media":219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[41,6,3],"tags":[65,32,60,52,64,57,22,63,62,66],"class_list":{"0":"post-217","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-asia-pacific","8":"category-economic","9":"category-latest-news","10":"tag-65","11":"tag-concerns","12":"tag-coronavirus","13":"tag-covid-19","14":"tag-economy","15":"tag-event","16":"tag-finance","17":"tag-japan","18":"tag-news","19":"tag-olympic"},"yoast_head":"\nJapan's economy contracted by nearly five per cent in 2020<\/title>\n<meta name=\"description\" content=\"Japan's economy, the next Olympic host, shrank 4.8% during the 2020 COVID-scarred period, according to recent preliminary figures from the country's Cabinet Office.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japan's economy contracted by nearly five per cent in 2020\" \/>\n<meta property=\"og:description\" content=\"Japan's economy, the next Olympic host, shrank 4.8% during the 2020 COVID-scarred period, according to recent preliminary figures from the country's Cabinet Office.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Chamber Listing Search Engine\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-16T05:41:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-18T06:43:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gochambers.com\/globalupdates\/wp-content\/uploads\/2021\/02\/Tokyo2020stockpic.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Abel Sigfrido\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Abel Sigfrido\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/\",\"url\":\"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/\",\"name\":\"Japan's economy contracted by nearly five per cent in 2020\",\"isPartOf\":{\"@id\":\"https:\/\/www.gochambers.com\/globalupdates\/#website\"},\"datePublished\":\"2021-02-16T05:41:01+00:00\",\"dateModified\":\"2021-02-18T06:43:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.gochambers.com\/globalupdates\/#\/schema\/person\/4f01b63d08b67a9f4a4733f5ba12b03b\"},\"description\":\"Japan's economy, the next Olympic host, shrank 4.8% during the 2020 COVID-scarred period, according to recent preliminary figures from the country's Cabinet Office.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.gochambers.com\/globalupdates\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Japan’s economy contracted by nearly five per cent in 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.gochambers.com\/globalupdates\/#website\",\"url\":\"https:\/\/www.gochambers.com\/globalupdates\/\",\"name\":\"Chamber Listing Search Engine\",\"description\":\"Go Chambers\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.gochambers.com\/globalupdates\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.gochambers.com\/globalupdates\/#\/schema\/person\/4f01b63d08b67a9f4a4733f5ba12b03b\",\"name\":\"Abel Sigfrido\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.gochambers.com\/globalupdates\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/22a0825b46ac7df8814aca03add9f87556be5e181f0f187c26b0caadda23b668?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/22a0825b46ac7df8814aca03add9f87556be5e181f0f187c26b0caadda23b668?s=96&d=mm&r=g\",\"caption\":\"Abel Sigfrido\"},\"url\":\"https:\/\/www.gochambers.com\/globalupdates\/author\/abel-sigfrido\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Japan's economy contracted by nearly five per cent in 2020","description":"Japan's economy, the next Olympic host, shrank 4.8% during the 2020 COVID-scarred period, according to recent preliminary figures from the country's Cabinet Office.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/","og_locale":"en_US","og_type":"article","og_title":"Japan's economy contracted by nearly five per cent in 2020","og_description":"Japan's economy, the next Olympic host, shrank 4.8% during the 2020 COVID-scarred period, according to recent preliminary figures from the country's Cabinet Office.","og_url":"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/","og_site_name":"Chamber Listing Search Engine","article_published_time":"2021-02-16T05:41:01+00:00","article_modified_time":"2021-02-18T06:43:42+00:00","og_image":[{"width":2048,"height":1365,"url":"https:\/\/www.gochambers.com\/globalupdates\/wp-content\/uploads\/2021\/02\/Tokyo2020stockpic.jpg","type":"image\/jpeg"}],"author":"Abel Sigfrido","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Abel Sigfrido","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/","url":"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/","name":"Japan's economy contracted by nearly five per cent in 2020","isPartOf":{"@id":"https:\/\/www.gochambers.com\/globalupdates\/#website"},"datePublished":"2021-02-16T05:41:01+00:00","dateModified":"2021-02-18T06:43:42+00:00","author":{"@id":"https:\/\/www.gochambers.com\/globalupdates\/#\/schema\/person\/4f01b63d08b67a9f4a4733f5ba12b03b"},"description":"Japan's economy, the next Olympic host, shrank 4.8% during the 2020 COVID-scarred period, according to recent preliminary figures from the country's Cabinet Office.","breadcrumb":{"@id":"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.gochambers.com\/globalupdates\/regions\/asia-pacific\/japans-economy-contracted-by-nearly-five-per-cent-in-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.gochambers.com\/globalupdates\/"},{"@type":"ListItem","position":2,"name":"Japan’s economy contracted by nearly five per cent in 2020"}]},{"@type":"WebSite","@id":"https:\/\/www.gochambers.com\/globalupdates\/#website","url":"https:\/\/www.gochambers.com\/globalupdates\/","name":"Chamber Listing Search Engine","description":"Go Chambers","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.gochambers.com\/globalupdates\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.gochambers.com\/globalupdates\/#\/schema\/person\/4f01b63d08b67a9f4a4733f5ba12b03b","name":"Abel Sigfrido","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.gochambers.com\/globalupdates\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/22a0825b46ac7df8814aca03add9f87556be5e181f0f187c26b0caadda23b668?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22a0825b46ac7df8814aca03add9f87556be5e181f0f187c26b0caadda23b668?s=96&d=mm&r=g","caption":"Abel Sigfrido"},"url":"https:\/\/www.gochambers.com\/globalupdates\/author\/abel-sigfrido\/"}]}},"_links":{"self":[{"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/posts\/217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/comments?post=217"}],"version-history":[{"count":1,"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/posts\/217\/revisions"}],"predecessor-version":[{"id":220,"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/posts\/217\/revisions\/220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/media\/219"}],"wp:attachment":[{"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/media?parent=217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/categories?post=217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gochambers.com\/globalupdates\/wp-json\/wp\/v2\/tags?post=217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}