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Economy

Japan business sentiment plunges to 11-year low: BOJ Tankan

Big manufacturers see recovery as China and South Korea speed 5G rollout

Japan has suffered a big drop in tourist arrivals due to the coronavirus pandemic. (Photo by Ken Kobayashi)

TOKYO -- Business sentiment among Japan's large manufacturers has plunged to the lowest level in more than a decade, the Bank of Japan's latest Tankan quarterly survey showed on Wednesday, as the economy struggles to recover from the recession caused by the coronavirus pandemic.

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