Japan Squares Up Against China; Maybe America Should Follow?
China messed everyone up when they didn't warn us about how serious this virus is right away. We could have been better prepared and perhaps even avoided numerous cases over here. China has tanked our economy, our Stock Market is way down and our economy is struggling. There are now millions out of work to no fault of their own, as their jobs were not considered essential to this pandemic. Japan is feeling a similar sentiment towards China, so much so that their stimulus package went a step further than ours and is actually helping to aide Japanese businesses located in China to relocate back to Japan.
The move coincides with what should have been a celebration of friendlier ties between the two countries.
Chinese President Xi Jinping was supposed to be on a state visit to Japan early this month. But what would have been the first visit of its sort in a decade was postponed a month ago amid the spread of the novel coronavirus and no new date has been set.
China is Japan’s biggest trading partner under normal circumstances, but imports from China slumped by almost half in February as the disease closed factories, in turn starving Japanese manufacturers of necessary components.