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Japanese displeased with government support for businesses amid pandemic

  • May 12, 2020
  • , Nikkei
  • JMH Summary

Nikkei reported on the results of a survey conducted in Japan and four other foreign nations by an international business consultancy that showed only 13% of Japanese respondents felt that their government’s support for local businesses amid the coronavirus pandemic was sufficient. The corresponding figures for the UK, Germany, and the U.S. were 65%, 51%, and 44%, respectively. The pollster reportedly explained that Japanese were the most critical by far of their government’s support for companies hit hard by the virus probably because the application processes for emergency loans and other benefits are too cumbersome and that it takes many weeks to actually receive such financial relief.

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