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Has Abenomics run out of steam?

Japan's foreign investors sense a chill in the air and may pull out in 2020

Changes to Japan's foreign exchange law impose tougher controls on foreign investment in companies operating in strategically sensitive industries.    © Reuters

TOKYO -- Japan's Prime Minister Shinzo Abe, whose government is in its eighth year, has thus far handled himself well on the international stage.

On the diplomatic front, Abe has managed to reach a trade deal with U.S. President Donald Trump without a major hitch. He has also gradually improved prickly Sino-Japanese ties. Last year, Abe successfully chaired the Group of 20 summit amid intense U.S.-China trade friction. His performance has made him popular at home, particularly among business people, contributing to his record-long premiership.

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