Japan business leaders expect economic reforms under new leadership

Business leaders in Japan expressed expectations Wednesday that Yoshihide Suga, the country’s new prime minister, will carry out economic reforms to boost the country’s competitiveness and ensure a swift recovery from the coronavirus pandemic.”We believe the new Cabinet has a lineup which is capable of conducting unprecedented reforms in a wide range of fields,” such as bold deregulations and accelerated digitalization in the society, said Hiroaki Nakanishi, chairman of the Japan Business Federation, known as Keidanren.While pledging to continue former Prime Minister Shinzo Abe’s “Abenomics” e…

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