Skip to Content

Japan’s Kishida wins mandate, though economic agenda unclear

TED / YouTube

By YURI KAGEYAMA
AP Business Writer

TOKYO (AP) — Prime Minister Fumio Kishida says Japan should revitalize its economy through “new capitalism” and many in this country are puzzled over exactly what he has in mind. Still, as expected the ruling Liberal Democratic Party won the majority of seats in Sunday’s nationwide elections, handing him a mandate to stay in power. On top of more government spending, Kishida has said he believes a more equal distribution of wealth is needed to prevent the world’s third largest economy from sinking into stagnation. That sounds dramatic, but analysts say he doesn’t stand for drastic change. 

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

News Channel 3 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content