Japan’s ruling Liberal Democratic Party (LDP) on Wednesday anointed former foreign minister Fumio Kishida as its next leader in a victory for the party’s establishment that virtually ensures he will become prime minister within days. Although he enjoys only moderate popular support, Kishida was backed by some of the party’s heavyweights, allowing him to stop the momentum of rising star Taro Kono, the minister in charge of the coronavirus vaccine roll-out. It was not clear if Kishida’s bland image could spell problems for the LDP in a general election due by Nov. 28. Nevertheless, he focused on populist issues – such as the need to forge a new kind of capitalism and ease divisions of wealth – in his first news conference. “We will strive to achieve economic growth and distribution,” of wealth, he said, adding there was no way to achieve growth without distributing wealth. ALSO READ | Fumio Kishida's Ascent to Japan's PM Post May Mean a Boost to Modi's 'Make in India' Initiative Kishida, who succeeds unpopular Prime Minister Yoshihide Suga who did not seek re-election as party leader after just one year in office, is almost certain to become premier at a parliamentary session on Monday… Read full this story
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