The Japanese economy seems to be stagnating versus rapid growth in China, but its growth is ready to take off. Japan is coming out of deflation.
More Quotes from Hidenao Nakagawa:
The Chinese side, of course, said there is no room for compromise. I told them that this issue is related to the public sentiments of the two countries. The mutual understanding of the two countries is important.Hidenao Nakagawa
The Bank of Japan has independence in deciding policy steps. We want the bank to take responsibility for the results of the policies it implements.
Hidenao Nakagawa
I'm afraid that voters are asking us to dissolve the income gap as soon as possible.
Hidenao Nakagawa
This is the first step toward large-scale administrative reform to fundamentally change the shape of this country.
Hidenao Nakagawa
Japan ought to refer to (the Bank of England's 2 inflation target).
Hidenao Nakagawa
It is competition and cooperation... we must build a mature relationship under which we may see friction and cooperation coexisting.
Hidenao Nakagawa
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