Sunday 21 July 2013

Japanese P.M. Shinzo Abe wins elections

 "Japanese Prime Minister Shinzo Abe's ruling coalition scored a decisive victory in an election on Sunday - so big that there are suspicions he will lose interest in difficult economic reforms and pursue his nationalist agenda instead.
"We've argued that our economic policies aren't mistaken, and the public gave us their support. People now want to feel the benefits. The economy indeed is improving," a weary but confident-sounding Abe said at LDP headquarters late on Sunday after his ruling coalition's victory was assured.
"We'd like to do our best to generate a positive cycle - in which job conditions improve and wages rise, boosting personal consumption and prompting companies to invest more - as soon as possible," he said.
But some, including Japanese businesses with a big stake in the matter, worry the hawkish leader will shift to focus on the conservative agenda that has long been central to his ideology.

That agenda includes revising the post-war pacifist constitution, strengthening Japan's defence posture and recasting Tokyo's wartime history with a less apologetic tone.
Ties with China and Japan have been seriously strained by territorial rows and feuds over wartime history. Concerns are simmering about the risk of an unintended clash near disputed isles in the East China Sea where Japanese and Chinese vessels have been playing a cat-and-mouse game for months.
Source: Reuters

Popular Posts