Japan s new Prime Minister Fumio Kishida on Oct. 8 vowed to implement a "new capitalism" to put the world s third-largest economy on a growth track and redistribute the fruits of that success to build up a stronger middle class in his first policy speech since taking office.
Japanese opposition party leaders expressed a mixture of determination and confusion on Oct. 4 after newly-elected Prime Minister Fumio Kishida launched a new government and now plans to go to the polls earlier than anticipated on Oct. 31.
Japan's parliament voted Monday to approve Fumio Kishida as prime minister, with the new leader expected to announce a cabinet including both holdovers and fresh faces.
While new Japanese Prime Minister Fumio Kishida has pledged to narrow the income gap by revising economic policies pursued by previous administrations, he is likely to uphold their diplomatic stance, building stronger ties with the United States and other countries sharing universal values in the face of China s rise.