The China Mail - Japan PM warns 'today's Ukraine could be tomorrow's East Asia'

USD -
AED 3.672504
AFN 66.000368
ALL 81.708779
AMD 361.738976
ANG 1.790365
AOA 917.000367
ARS 1524.875041
AUD 1.44321
AWG 1.8025
AZN 1.70397
BAM 1.737022
BBD 2.009681
BDT 122.678627
BGN 1.683441
BHD 0.376127
BIF 3010.346818
BMD 1
BND 1.277055
BOB 11.988987
BRL 5.210804
BSD 0.997824
BTN 96.669479
BWP 13.794573
BYN 3.005462
BYR 19600
BZD 2.00675
CAD 1.42495
CDF 2310.000362
CHF 0.8304
CLF 0.025096
CLP 990.920396
CNY 6.70455
CNH 6.712104
COP 3308.76149
CRC 457.213908
CUC 1
CUP 23.946889
CVE 97.930636
CZK 21.719304
DJF 177.681069
DKK 6.642604
DOP 59.576358
DZD 133.728851
EGP 52.195035
ERN 15
ETB 162.975798
EUR 0.88815
FJD 2.24725
FKP 0.755904
GBP 0.756974
GEL 2.60504
GGP 0.755904
GHS 11.718993
GIP 0.755904
GMD 73.503851
GNF 8777.476797
GTQ 7.625561
GYD 208.721524
HKD 7.847404
HNL 26.788934
HRK 6.696704
HTG 130.662996
HUF 327.440388
IDR 17888.5
ILS 3.05233
IMP 0.755904
INR 96.325504
IQD 1307.16284
IRR 1746539.503816
ISK 121.930386
JEP 0.755904
JMD 157.964386
JOD 0.70904
JPY 157.840385
KES 129.517297
KGS 87.450384
KHR 4047.24899
KMF 438.00035
KPW 900.000318
KRW 1343.190383
KWD 0.30883
KYD 0.831476
KZT 448.314756
LAK 22413.073405
LBP 89353.168436
LKR 329.979129
LRD 170.620365
LSL 16.683601
LTL 2.95274
LVL 0.60489
LYD 6.390159
MAD 9.913406
MDL 17.831165
MGA 4408.721524
MKD 54.687153
MMK 2099.554486
MNT 3597.321137
MOP 8.065101
MRU 39.872996
MUR 48.150378
MVR 15.460378
MWK 1730.183401
MXN 18.160804
MYR 4.084904
MZN 63.903729
NAD 16.683601
NGN 1330.790377
NIO 36.715662
NOK 9.618604
NPR 154.671167
NZD 1.780469
OMR 0.383712
PAB 0.997824
PEN 3.457791
PGK 4.518851
PHP 62.583504
PKR 276.36618
PLN 3.89575
PYG 5837.737022
QAR 3.637106
RON 4.741904
RSD 104.338559
RUB 83.307429
RWF 1477.774324
SAR 3.74329
SBD 8.078071
SCR 13.73871
SDG 601.503676
SEK 10.040104
SGD 1.278604
SHP 0.75503
SLE 24.603667
SLL 20969.491881
SOS 570.273991
SRD 37.811504
STD 20697.981008
STN 21.759403
SVC 8.730405
SYP 13002.000254
SZL 16.680137
THB 33.503646
TJS 9.184777
TMT 3.5
TND 2.973311
TOP 2.40776
TRY 49.127504
TTD 6.765842
TWD 31.821804
TZS 2629.246414
UAH 44.897287
UGX 3981.526711
UYU 40.21493
UZS 11768.728629
VES 865.47815
VND 25985.5
VUV 119.833605
WST 2.788681
XAF 582.588484
XAG 0.016565
XAU 0.000241497186
XCD 2.70255
XCG 1.798304
XDR 0.707052
XOF 582.588484
XPF 105.919446
YER 236.303589
ZAR 16.65505
ZMK 9001.203584
ZMW 19.606554
ZWL 321.999592
SSP 5712.591584
MXV 2.054862
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Japan PM warns 'today's Ukraine could be tomorrow's East Asia'
Japan PM warns 'today's Ukraine could be tomorrow's East Asia' / Photo: © AFP

Japan PM warns 'today's Ukraine could be tomorrow's East Asia'

Japan's new Prime Minister Shigeru Ishiba warned in his first policy speech Friday that "today's Ukraine could be tomorrow's East Asia" while also dubbing the country's low birth rate a "quiet emergency".

Text size:

"Many fear that today's Ukraine could be tomorrow's East Asia. Why did deterrence not work in Ukraine?" Ishiba told parliament.

"Combined with the situation in the Middle East, the international community is becoming increasingly divided and confrontational," the 67-year-old former defence minister said.

Ishiba made no direct reference to China but his country's relations with Beijing have deteriorated in recent years as it asserts its military presence around disputed territories in the region.

Of particular concern is Taiwan. Beijing claims the democratic island as part of its territory and has never renounced the use of force to bring the self-ruled island under its control.

Japan has also irked China with plans for a major increase in defence spending and by boosting security ties with the United States and its allies including the Philippines and South Korea.

In August, a Chinese military aircraft staged the first confirmed incursion by China into Japanese airspace, followed weeks later by a Japanese warship sailing through the Taiwan Strait for the first time.

Ishiba has backed the creation of a regional military alliance along the lines of NATO, saying on Tuesday that the security environment in Asia was "the most severe since the end of World War II".

- Falling population -

Japan, like many developed countries, is facing a looming demographic crisis as its population ages and the birth rate stays stubbornly low.

The country has the world's oldest population after tiny Monaco, according to the World Bank.

Last year, its birth rate -- the average number of children a woman is expected to have in her life -- stood at 1.2, well below the 2.1 needed to maintain the population.

On Friday, Ishiba called the birth rate situation a "quiet emergency", adding the government would promote measures to support families such as flexible working hours.

- Minimum wage -

Kishida was unpopular with voters because of a string of scandals and inflation squeezing earnings in the world's fourth-biggest economy.

Ishiba wants to boost incomes through a new monetary stimulus package as well as support for local governments and low-income households.

Within this decade, he said Friday he wants to hike the average national minimum wage to 1,500 yen ($10.20) per hour, up nearly 43 percent from the current 1,050 yen.

The yen surged last Friday after the Liberal Democratic Party (LDP) voted Ishiba its new leader, because he had broadly backed the Bank of Japan's exit from its ultra-loose policies.

But Ishiba told reporters late Wednesday he did not think the environment was right for further interest rate hikes, sending the Japanese currency south again.

On Friday afternoon, one dollar bought 146.02 yen, having slightly recovered from levels past 147 earlier this week.

- Succession -

Ishiba also weighed in on the dearth of eligible male heirs to the imperial throne.

Male-only succession rules mean the imperial family is facing extinction, with only one young heir: Emperor Naruhito's 18-year-old nephew Prince Hisahito.

The emperor's daughter Princess Aiko, 22, is barred from the throne under the Imperial Household Law, in place since 1947.

Royal women must leave the family when they wed a commoner -- as in 2021, when former princess Mako Komuro, Naruhito's niece, married her university sweetheart.

Lawmakers in May began discussing a possible relaxation of the strict succession rules, and a recent Kyodo News poll found 90 percent public support for female succession.

"Stable royal succession is extremely important. Stabilising the number of members of the Imperial Family is a particularly urgent issue," Ishiba told parliament, calling for active debate on the issue.

nf-hih-kaf-stu/cwl

Q.Moore--ThChM