日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / View

Abe's blame game reveals his policies failing to get results

By Cai Hong | China Daily | Updated: 2016-06-06 08:02

Japan's Prime Minister Shinzo Abe has once again postponed the country's consumption tax hike.

Japan was originally scheduled to increase the tax from 8 percent to 10 percent in October 2015, but it was postponed until April 2017, with the promise of no more delay. But on June 1, Abe ate his words by putting the hike off again to October 2019.

Abe highlighted economic weakness in China and a slowdown in emerging markets as his reason for the second postponement, asserting that "Abenomics is steadily producing positive results".

But Abe's decision has been questioned by foreign and Japanese media.

The New York Times said it amounted to an admission that the country's economy remained "worryingly fragile".

Japan's media is also worried. The Mainichi Shimbun said the delay raises questions about the future of Japan's economy. The newspaper criticized Abe for his explanation that Japan needs to "prepare for a new crisis involving the world economy".

At the G7 summit held in Japan last month, Abe presented a four-page document to explain how the current global economy "resembles" the situation prior to the 2008 global financial crisis as a warning that the world economy faces a fresh crisis. And he repeatedly used the term "crisis" in his post-summit press conference.

Abe's counterparts from the other six industrialized countries, however, did not buy his analogy and fiscal measures. French President Francois Hollande denied that the world economy was facing a crisis, and British Prime Minister David Cameron reportedly made rather optimistic remarks about the global economy.

The Asahi Shimbun said Abe's second postponement of the tax hike raises doubts not only about the credibility of his words but also the Japanese government's commitment to repair its tattered fiscal condition.

But the Nikkei Shimbun was willing to help Abe excuse the delay.

The business daily claimed that pressure is building on Japan to revalue its currency as it is "encircled" by the "ABCD" countries, namely America, Britain, China and Germany (Deutschland).

And the newspaper cited the expectations of the US Federal Reserve raising interest rates very slowly and the possible exit of the United Kingdom from the European Union as sources of uncertainty for the Japanese currency.

The Nikkei Shimbun concluded that Japan's stock market and real economy may "run in the teeth of the wind", thanks to the pressure from the "ABCD" on Japanese currency's appreciation.

Japan's Chief Cabinet Secretary Yoshihide Suga has said the Bank of Japan and the Japanese government are closely watching the currency markets and the government is prepared to take appropriate steps as needed.

In the face of these headwinds, during his visit to Europe ahead of the G7 summit, Abe urged greater use of spending to stimulate economic growth, and his administration has adopted the world's biggest stimulus package.

But the Japan Times said what the prime minister needs to do is not insist that his policies have been working as intended - and lay the blame somewhere else - but rather make an honest assessment of what has been lacking in his administration's economic management.

The author is China Daily Tokyo bureau chief. caihong@chinadaily.com.cn

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 三级在线观看视频 | 337p粉嫩色噜噜噜大肥臀 | 日韩一区二区三区在线视频 | 欧美视频一二三 | 亚洲三级中文字幕 | h网站在线| 国产精品www色诱视频 | 亚洲国产高清视频 | 日本一区二区三区精品 | 欧美色图一区 | 欧美精品一级片 | 五月天丁香久久 | 五月婷婷爱爱 | 18国产免费视频 | 四虎网址在线观看 | 黄色一级视频在线观看 | 99久久婷婷国产综合精品草原 | 中文字幕av久久爽av | 狼人色综合 | 色丁香久久 | 欧美色资源 | 有码av| 黄色片aaaa| 四虎4hu永久免费入口 | 超碰99在线| 欧美wwwwww| 一区二区在线看 | 亚洲欧美在线视频 | 一区二区三区福利视频 | 黄色av一区二区 | 中文在线视频 | 色吧av| 天堂男人在线 | 天天操综合网 | 久久99精品波多结衣一区 | 久日视频 | 香蕉网站在线 | 97在线公开视频 | 免费视频网站在线观看 | 中文字幕6| 好看的av在线|