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Early missteps are a wake-up call for Japan's new leader

Flip-flop on capital gains tax suggests little desire to upset the status quo

| Japan
Fumio Kishida's pivot seems to be back to the 1990s.   © Reuters

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

It is getting late, early, for Fumio Kishida's stint as Japanese prime minister.

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