The Pak Banker

Japan's Suga crafts

- TOKYO

Japan's Yoshihide Suga was voted prime minister by parliament on Wednesday to become the country's first new leader in nearly eight years, appointing a new cabinet that kept about half of the familiar faces from predecesso­r Shinzo Abe's lineup. Suga, 71, Abe's longtime right-hand man, has pledged to pursue many of Abe's programmes, including his "Abenomics" economic strategy, and to forge ahead with structural reforms, including deregulati­on and shutting down bureaucrat­ic turf battles.

Abe, Japan's longest-serving premier, resigned because of ill health after nearly eight years in office. Suga served under him in the pivotal post of chief cabinet secretary, acting as top government spokesman and coordinati­ng policies. Suga, who won a ruling Liberal Democratic Party (LDP) leadership race by a landslide on Monday, faces a plethora of challenges, including tackling COVID-19 while reviving a battered economy and dealing with a rapidly aging society.

With little direct diplomatic experience, Suga must also cope with an intensifyi­ng U.S.-China confrontat­ion, build ties with the winner of the Nov. 3 U.S. presidenti­al election and try to keep Japan's own relations with Beijing on track. About half of the new cabinet are carryovers from Abe's administra­tion.

Among those retaining their jobs are key players such as Finance Minister Taro Aso and Foreign Minister Toshimitsu Motegi, along with Olympics Minister Seiko Hashimoto and Environmen­t Minister Shinjiro Koizumi, the youngest at 39. "It's a 'Continuity with a capital C' cabinet," said

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