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Politics

Tokyo expands National Security Council to catch economic risks

Coronavirus, digital yuan and foreign land purchases among threats monitored

Japanese Prime Minister Shinzo Abe has identified issues such as digital currency and foreign land acquisition as potential threats to the nation. 

TOKYO -- Japan's National Security Council is enlarging its scope to monitor for broad economic risks in light of the changing global environment that has given rise to unconventional threats, such as the novel coronavirus pandemic.

The NSC has already highlighted several areas of concern, including the rise of digital currency and land acquisitions by foreigners, ahead of the launch next month of a dedicated economic team under the National Security Secretariat.

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