Japan reflation facing many hurdles: S&P
- Published: 29 Dec 2012 at 01.46
- Online news: World
The Japanese economy is facing many hurdles as it struggles to reverse long-term deflation, according to a report from ratings agency Standard & Poor's on Friday.
Businessmen walk on a concourse at a subway terminal in downtown Tokyo on December 28, 2012. The Japanese economy is facing many hurdles as it struggles to reverse long-term deflation, according to a report from ratings agency Standard & Poor's on Friday.
The Liberal Democratic Party took power this week on a campaign that pledged to inject new life into the limp economy, after it won a landslide election earlier this month.
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