YONHAP News
On August 28, Japanese Prime Minister Shinzo Abe said that he would resign due to his failing health. Three names are being cited as possible successors to Abe, with Chief Cabinet Secretary Yoshihide Suga emerging as a clear favorite in the race. Under Japans parliamentary political system, the leader of the ruling Liberal Democratic Party will become prime minister. Ahead of the partys leadership vote, Suga is reportedly supported by five of the partys seven factions.
Heres Cho Yong-chan, director of the America China Economic Research Institute, to discuss if Abes economic policy will change and whether economic conflict between South Korea and Japan may ease after Abes departure.
Under Abes rule, stock prices have doub…
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