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Kishida cautious about Japan acquiring nuclear-powered subs - Nikkei Asia

Nikkei Asia LogoNikkei Asia1w ago

Kishida cautious about Japan acquiring nuclear-powered subs - Nikkei Asia

Quick Summary

Japan is committed to an exclusively defense-oriented policy under the pacifist Constitution, and its defense spending has been limited to around 1 percent of gross domestic product.

Among other issues, Kishida reiterated his pledge to implement measures aimed at mitigating the impact of high energy and food prices resulting partly from the yen's weakness, which has raised the cost of imported products.

Kazuo Shii, head of the Japanese Communist Party, urged the government to halve the consumption tax rate to 5 percent and take measures to raise wages.


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Article Details

Author / Journalist: Staff Writer

Category: BusinessFinanceAsia

Topics: Submarine Consumption Policy Party Kishida Head Nuclear Nikkei Called Japan Nuclear-powered

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-19, 07:15:00

News Timezone: GMT +9:00

News Source URL: asia.nikkei.com

Language: English

Reading Time: 4 minutes read

Article Length: 549 words

Coverage Area: Japan

Availability: Desktop Web, Mobile Web

News ID: 826

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About Nikkei Asia

Nikkei Asia Logo

Main Topics: BusinessFinanceAsia

Official Website: asia.nikkei.com

Update Frequency: 14 posts per day

Year Established: 1876

Headquarters: Japan

News Last Updated: 11h ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +9:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #19

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