Japanese Prime Minister Abe said he would be vigilant about the global economic
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Japanese Prime Minister Shinzo Abe said in an interview broadcast Sunday by the Japan Broadcasting Association (NHK) that the Japanese government will pay close attention to the potential risks of global economic recovery while guiding policy.
Signs of slowing global demand and the recent sharp appreciation of the yen have clouded the outlook for Japan's export-oriented economy, prompting Japanese policymakers to give verbal warnings about the negative impact of market fluctuations on economic growth.
"Although the global economy is recovering gradually, the outlook faces various risks," Abe said in an interview recorded on Friday.
"Japan's economic fundamentals are good, but we will pay close attention to various risks in guiding our policies."
Abe also said that as this year's rotating chairman of the Group of 20 (G20), Japan will ease Sino-US trade frictions by promoting global cooperation.
"As the chairman of the G20, Japan wants to play a leading role in promoting global cooperation to achieve stable and sustainable growth," he said, adding that both the United States and China must abide by the trade rules of the World Trade Organization (WTO).
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