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In Japan's Nagasaki, some glimmers of economic revival
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In Japan's Nagasaki, some glimmers of economic revival
On Japan's southern tip, some initiatives to revitalise local businesses are making small but steady success, offering a silver lining for a region that has long suffered from an ageing population and declining economy. Nagasaki, which has seen its once-dominant shipbuilding industry wane due to global competition, is today symbolic of Japan's demographic challenge. 'We need to create new industries and attract companies that offer promising jobs for young people,' said Ryutaro Kaichi, head of Nagasaki Bank.
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