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Tokyo 2020 delay adds to nation's fears of recession; Fallout from postponement of Olympic Games heightens economic woes caused by coronavirus

Mar 26, 2020 - South China Morning Post

From tour operators and event sponsors, to merchandise hawkers and film studios, the postponement of the 2020 Olympic Games in Tokyo has added more anxiety to growing concerns about the outlook for the Japanese and world economies.

But the real concern is still reserved for the coronavirus pandemic which forced the delay, the effect of which would have ­negated any positive financial boost from the Games had they gone ahead, economists said.

While much of the economic ...