Shinzo Abe’s commitment to reviving the Japanese economy through deregulation came under attack from a close ally as concerns emerged at the Bank of Japan over the fight against deflation, a core element of the prime minister’s “Abenomics” agenda.
Hiroshi Mikitani, the internet billionaire who advises the premier as a member of the Industrial Competitiveness Council, threatened to quit in a stinging assessment of the government’s handling of drug sales liberalization. “If Mr Abe cannot decide on this, he cannot decide on anything,” Mr Mikitani said.
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