Young Chinese entrepreneurs starting new businesses in Japan
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Japan’s core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost pressures that the central bank shrugs off as it sticks to a policy of ultra-low interest rates
Japan’s core consumer inflation accelerated to a 40-year high in October, driven by currency weakness and imported cost…
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It’s interesting to see the startup scene is changing in Japan. (It had sounded like there wasn’t much venture capital available in Japan before). From the article:
> The trend is being fueled by increased support for entrepreneurs through the hosting of startup business contests
After looking into this, it seems like the government is hosting (some of?) these contests and offering the support and funding. ([Source](https://www.forbes.com/sites/japan/2022/03/04/this-acceleration-program-is-helping-japans-startups-go-global/?sh=28b6bb117859))
…and right as there is a push to create startups that can become successful overseas, there is the good fortune of a weak yen…