North Asia | Bank of Japan embarrasses itself blaming Amazon for its woes

Bank of Japan embarrasses itself blaming Amazon for its woes

The BOJ’s real problem is Abe’s glacial pace in removing the shackles from Japan’s ankles; China’s competitive threat is also making it hard for Japanese companies to boost wages and that’s creating a bigger space for e-commerce firms

June 24, 2018 1:35 PM (UTC+8)
Bank of Japan Governor Haruhiko Kuroda, left, PM Shinzo Abe, right, and Finance Minister Taro Aso attend a budget meet in Tokyo in February. Photo: Reuters / Toru Hanai
Bank of Japan Governor Haruhiko Kuroda, left, PM Shinzo Abe, right, and Finance Minister Taro Aso attend a budget meet in Tokyo in February. Photo: Reuters / Toru Hanai
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