As a new year dawns, Japan must shed its old ways

Government and corporate reform is essential for survival in a fast-changing world

20190110 Editorial

A key item on Japanese Prime Minister Shinzo Abe's to-do list for 2019 is improving ties with China.

The year 2019 will see Japan's Heisei Imperial era come to a close after three decades and a new one begin on May 1, when Crown Prince Naruhito succeeds his father, Emperor Akihito.

As the country transitions into a new era, it faces the questions of how to extract itself from 30 years of economic stagnation and what direction to aim toward.

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