What risks to Japan's Abenomics?


Japan's cabinet is voting on Prime Minister Shinzo Abe's plan for economic growth.

The plan is expected to include pledges to raise incomes, attract foreign investment and a reduction in tax on investment, to help companies boost their capital spending.

The growth strategy is the third arrow in the prime minister's series of economic reforms, dubbed Abenomics.

Rico Hizon spoke to Masayuki Kichikawa, chief Japan economist at Bank of America Merrill Lynch in Tokyo, about the risks facing the Abenomics programme.

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