Japan
Prospects for East Asia (ex-China) in 2025
Japan and South Korea will remain encumbered by weak governments while North Korea faces its own challenges
East AsiaJapanese politics will become less stable
The ruling Liberal Democratic Party has lost its parliamentary majority following a snap election
JapanJapan will double down on defence build-up
The new prime minister has walked back from contentious ‘Asian NATO’ plans ahead of this month’s snap election
JapanReversing Japan’s weak yen trend will take many years
The summer yen rally failed to gain momentum despite the gap between Japanese and US rates starting to close
JapanJapan will see policy continuity despite rebrand
The country has a new prime minister and cabinet following recent leadership elections for major parties
JapanJapan-China relations will remain tense
Tokyo has expressed alarm at recent Chinese military activity
JapanJapan’s security partnerships will grow
Outgoing Prime Minister Fumio Kishida has solidified defence ties with partners
JapanJapan will step up efforts to attract inward FDI
Tokyo is courting foreign direct investment (FDI) in strategic sectors amid yen depreciation and geopolitical risks
JapanJapan’s bid to lure foreign workers will be restricted
A state-backed think tank has estimated that Japan will need more foreign workers to achieve growth targets
Japan