Japan’s Prime Minister Shinzo Abe on Wednesday picked two lawmakers with friendly ties to China for his party’s top posts, a move seen to be aimed at thawing chilly ties with Beijing.
Abe tapped outgoing Justice Minister Sadakazu Tanigaki, his predecessor as LDP leader, for the key party post of secretary-general, the LDP’s de facto election campaign chief.
69-year-old Tanigaki is from a moderate wing of the LDP that favors better ties with China. He was also behind a plan to hike the sales tax in two stages to curb Japan’s huge public debt.
Meanwhile, veteran lawmaker Toshihiro Nikai, 75, who also has close ties with China, was appointed to a second top party post. Outgoing administrative reform minister Tomomi Inada, 55, a close conservative ally of Abe, became LDP policy chief.
via CNBC 
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.