Nikkei Asia
Nikkei Asia
AsiaPac · 4 hrs ago

Can Takaichi's $2.3tn bet on industrial policy revive growth in Japan?

TOKYO -- A robot at Yaskawa Electric's new 20 billion yen ($126 million) factory building in Kitakyushu, southwestern Japan, fails to fasten a screw. But instead of stopping and waiting for a worker, it reverses its tool, pulls the part out, adjusts the angle and tries again. This time, it goes in.
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