Business
2026.08.28 16:28 GMT+8

"The Takaichi Fallout": Japan no longer needs Abenomics

Updated 2026.08.28 16:28 GMT+8
CGTN

Sanae Takaichi may not fully understand the policy logic behind Abenomics, says Yuqing Xing, professor of economics at GRIPS in Tokyo. Japan in 2013 was struggling with an excessively strong yen and deflation. Today, it faces the opposite. Pursuing Abenomics could create a new "Takaichi fallout."

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