Asia

Japan’s Suga poised to win party race, headed for premiership

TOKYO: Japanese Chief Cabinet Secretary Yoshihide Suga, a longtime loyal aide of outgoing Prime Minister Shinzo Abe, was poised to win a ruling party leadership election on Monday (Sep 14), virtually ensuring that he replaces Abe this week in the nation's top job.

Suga, 71, who has said he would pursue Abe's key economic and foreign policies, is expected to get the bulk of votes from 394 Liberal Democratic Party (LDP) lawmakers and is likely to win a majority of 141 votes from the party's local chapters.

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Suga was on track to win more than 70 per cent of the MPs' votes and was leading among local chapters, public broadcaster NHK reported.

The winner of the LDP race is virtually certain to be elected prime minister in a parliamentary vote on Wednesday because of the LDP's majority in the lower house. He will serve out Abe's term as party leader through September 2021.

Abe, Japan's longest serving premier, said last month he would quit due to ill health, ending a nearly eight-year term.

READ: Japan firms want Suga to become next prime minister, tackle fiscal reform: Poll

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Suga has said he would continue Abe's signature "Abenomics" strategy of hyper-easy monetary policy, government spending and reforms while juggling the challenges of COVID-19 and a slumping economy, and confronting longer-term issues such as Japan's ageing population and low birthrate.

Japanese manufacturers remained pessimistic for a 14th straight month in September, a Reuters poll showed, underlining the huge challenge the next leader faces.

Suga, whose resume is thin on diplomatic experience, faces geopolitical challenges such as building ties with the winner of the Nov 3 US presidential election and balancing concern over China's maritime aggressiveness with bilateral economic interdependence.

Speculation is simmering that Suga will call a snap election for parliament's lower house as soon as next month to boost his chances of winning a full three-year term as LDP chief next year. A vote for the lower chambRead More – Source

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