Demonstrators hold placards in front of the Tokyo Metropolitan government building during an anti-Olympic protest on Wednesday. Bloomberg
Demonstrators hold placards in front of the Tokyo Metropolitan government building during an anti-Olympic protest on Wednesday. Bloomberg
Demonstrators hold placards in front of the Tokyo Metropolitan government building during an anti-Olympic protest on Wednesday. Bloomberg
Demonstrators hold placards in front of the Tokyo Metropolitan government building during an anti-Olympic protest on Wednesday. Bloomberg

Who stands to benefit from Tokyo's pandemic Olympics?


  • English
  • Arabic

Who wants the summer Olympics to go ahead in Tokyo next month? Some polls show a majority of Japanese respondents oppose holding the Games, already delayed from 2020 because of Covid-19, this summer – although public opposition may be weakening as we get closer to the starting date of July 23. The government's chief medical adviser, Dr Shigeru Omi, only this month told a parliamentary committee it would be "abnormal" to hold the Olympics during a worldwide pandemic.

The highly respected New England Journal of Medicine warned that the International Olympic Committee's (IOC) determination to proceed was "not informed by the best scientific evidence". Even Japan's Emperor Naruhito has weighed in – a very rare intervention by a head of state who is constitutionally prohibited from making politically contentious statements. "The emperor is extremely worried about the current status of coronavirus infections," Yasuhiko Nishimura, the grand steward of the Imperial Household Agency, told a news conference last week. "Given the public's worries, he appears to be concerned about whether the event would cause infections to spread."

US President Joe Biden may have given his support for the Tokyo Olympics to take place as planned when he met Japan's Prime Minister Yoshihide Suga on the sidelines of the recent G7 summit, but the latest US State Department's travel advisory is blunt: "Reconsider travel to Japan due to Covid-19." At least that was better than the one issued in May: "Do not travel."

The reasons for the reluctance are obvious. Only five per cent of the Japanese people have been fully vaccinated so far. The number of cases in the country as a whole are on a downward trend, but they are going up in Tokyo, leading Mr Suga to declare on Monday: “We must be on a high state of alert in dealing with the virus.”

Despite severe restrictions on the numbers of spectators at the games, there will still be a huge influx of people – journalists, trainers, diplomats, officials and, of course, athletes. As the SoftBank tycoon Masayoshi Son tweeted last month: "If 100,000 people from 200 countries descend on vaccine-laggard Japan and the mutant variant spreads, lives could be lost, subsidies could result if a state of emergency is called, and gross domestic product could fall. If we consider what the public has to endure, I think we could have a lot more to lose."

It should not need to be stated that in countries that have yet to achieve herd immunity or high levels of vaccination, mass events of any kind are just asking for trouble. Grave diggers in Jakarta have been overwhelmed by the sharp rise in Covid-19-related deaths in Indonesia, which is partly attributable to the millions who evaded travel restrictions to go to their home towns to celebrate Eid Al Fitr.

In Malaysia, the government had managed to get the number of daily new cases down to the low three figures in June 2020. What sabotaged the good work achieved by a hard lockdown was an election in the state of Sabah, on the island of Borneo. The then chief minister called it last September because he feared losing his position, due to defections in the state assembly. He and his allies were defeated in the polls by a coalition aligned to Prime Minister Muhyiddin Yassin, so he lost his job anyway – but the unnecessary vote, with all the electioneering and impossible-to-police gatherings that went with it, led to a spike in infections not only in the state but then in the rest of the country. Having almost completely opened up, Malaysia is now enduring another gruelling lockdown as a result.

Japan's Prime Minister Yoshihide Suga, left, and Shigeru Omi, president of the Japan Community Health Care Organisation, have differing views on the Games. EPA
Japan's Prime Minister Yoshihide Suga, left, and Shigeru Omi, president of the Japan Community Health Care Organisation, have differing views on the Games. EPA
It is hard not to conclude that the impetus to keep the Olympics on is all about the money

As for Japan, the numbers of new and highly transmissible variants may be low at present. But two members of Uganda's Olympic team who arrived in the last few days have tested positive for Covid-19, and one had already travelled in a bus with local officials before being identified as being infected. It doesn't matter what "safeguards" are put in place: they could never possibly be 100 per cent effective, and restrictions on spectators, such as a ban on "talking loudly", just don't cut it. How would the latter be enforced, in any case? Will officials run around the stands saying "shhhh"?

One of the two Ugandans had the Delta variant. Australian officials have discovered that it can be passed on during encounters of only 5-10 seconds, as opposed to the 10-15 minutes of proximity we had previously been warned about over the past year or so. The risks are so enormous, it would be foolish to proceed. Dr Naoto Ueyama, chairman of the Japan Doctors Union, put it starkly last month. "Since the emergence of Covid-19, there has not been such a dangerous gathering of people coming together in one place from so many different places around the world," he said.

The IOC and Mr Suga beg to differ. They point to stringent protocols, testing, social distancing, and isolating the athletes at the Olympic Village. Mr Suga is also believed to be banking on a bounce from a successful games if he calls a snap election shortly after they finish.

But it is hard not to conclude that the impetus to keep the Olympics on is all about the money – partly the sunk costs on the part of the host nation in terms of building infrastructure and so on, but far more about the billions of dollars from broadcasting revenue that the IOC will not receive if they are cancelled.

Dr Ueyama put his finger on it when he asked: “The question is for whom are the Olympics being held and for what purpose?” It would be the most grotesque irony if an event that celebrates athleticism and health ended up causing new waves of infections as athletes, spectators and others return home and unwittingly pass new variants of the virus on – let alone the devastation it could cause in Japan.

So to paraphrase a famous sporting slogan, the Tokyo Olympics: Just. Don’t. Do. It.

Sholto Byrnes is an East Asian affairs columnist for The National

Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

The%20Genius%20of%20Their%20Age
%3Cp%3EAuthor%3A%20S%20Frederick%20Starr%3Cbr%3EPublisher%3A%20Oxford%20University%20Press%3Cbr%3EPages%3A%20290%3Cbr%3EAvailable%3A%20January%2024%3C%2Fp%3E%0A