the protectionism has been a major factor in us-japan relations. are there some dangers of a broken dialogue researching or do you really i know we would all like to hope that that is the case but maybe put it let me put it differently. what do you think the potential dangers to us-japan relations are against which we should be working. class i'm sorry if that's a difficult question. >> i think my job is to prevent that from happening so but i think our alliance has changed very substantially from the time of ambassador reischauer. and i can describe this change in many ways the biggest thing is the alliance is gaining increasingly broader regional and global outlook. so this is an opportunity and also a danger. because now we have a situation where not just for each other but also for the global good. so i think the our alliance as this opportunity to contribute to the greater progress in the international society but at the same time because we have a scope of an alliance has expanded so much, this there is a greater need for us to align our poli

at recent union in japan is no different. it's highlighted the prussia in peer women phase after years of media scrutiny and public criticism . princess marco married her college sweetheart k camaro, who is not royal, but marco had to give up her royal title to do so. the former princess was never a line to the throne because japanese law does not give women that right manager pennies. people say the thing the laws should be amanda, to allow female members of the way of family to be in the line of succession. we'll discuss that with our gas shortly. but 1st, priyanka gupta reports as a royal japan's princess marco didn't bow to criticism or intense public scrutiny about her marrying the man she loves. instead, with a sambal farrell at the doors of the imperial residence, the emperor's niece said good bye to her family and her royal title. it wasn't a typical fairy tale japanese roy reading marco camaro as she's now known and her husband keiko morrow. skip the wedding ceremony and rituals. instead filing marriage papers before

was not a royal to be her husband creates all this drama in japan. and what, why does she have to go through all the ordeal? it, it really wasn't that dramatic at the start. i mean, these were 2 who fell in love early on when they were undergraduates international christian university. and they were scheduled to have a very royal wedding in 2018, i believe 3 years ago. but unfortunately, there was tabloid media that dug up some dirt on the family background of her fiance and in japan you have to acknowledge that you're not just even, i mean she's a member of the royal family, but also he is somebody who has a background as a commoner that's going to come under scrutiny and also he, his mother had some money that she had to pay back and it just began to unravel so that they had to not only postpone the marriage, but ultimately have a very quiet wedding ceremony behind the scenes today and then have a prepared statement before the press and now they're going to move on to the biggest media market in the world, new york city. and they've asked a lead of

paul: let's stay on japan. a long-standing and sometimes violent position with second and third generation koreans that have been thrust into the spotlight. the fuji employee sued when a homebuilder did not put an end to the distribution of leaflets that had racist content. for more on this, let's bring in hwaji shin, an associate professor at the university of san francisco. one of -- he said he was the lead so relentlessly that he contemplated taking his own life. is this a typical experience for the children of immigrant families that have sometimes been in japan for two or three generations? hwaji shin: i think so. i have also experienced bullying at school because of being a korean minority in japan. but i think that experience has shifted as more of japanese society becomes more accepting but the recent incidents have been increasing in japan. shery: are we seeing any government or corporate action against that? hwaji shin: yes. in 2016, they passed the anti-hate speech act which was a right step forward.

nancy: japan really has no choice. the demographics are against the country in terms of the low fertility and the shrinking size of the imperial family. they are going to have to change. now, the rate at which they change may be more modest here. it is not usually a radical change. but you have a japanese people, a public, if they were listened to, there would already be a change in place. it is just that the imperial family cannot make that change. it would have to come from the government, and the government skews to the far right, or at lease plays to that constituency, many of whom are traditionalists and don't want any change, don't want women to take over the throne, even though that is in their history going back centuries. so, it's inevitable, but a public very often is ignored. hashem: speaking of that, princess mako's father was reportedly have said three years ago i will only give my consent of the people of japan give consent to this marriage. who should change their mind first, the royal family or the japa

but in japan, one of the characteristically japan -- japanese consumer spending is that you have to have secure conditions of the corporations. still, even though the system is crumbling, the stable condition of these companies are a must for the japanese to start spending. so obviously it will be very difficult, even if you make these policies and he is able to implement them. this is an important thing about japan, you have to have a good price to implement the policies they come up with. so he will have a pretty good pipeline there. but will his new policies have the effect to basically turn japan around? that remains a very big question. >> i'm glad you touched upon exports and trade, it gives us an opportunity to pivot toward foreign policy. do you expect him to take a hawk's policy toward china, one of its biggest trading partners? >> he's going to have to strike a balance. it's interesting, he did make some more hawkish gestures, he said is going to appoint a special advisor to look at the human rights situation in china, treatment of the uighurs and he's looking at increasing the

/japan relations. ambassador served as an envoy to japan the presidency kennedy and johnson and devoted his academic career to deepening our understanding of japan and its relationship with the united states. ambassador mentored our own professor can't who carries on the great tradition established. it is a distinct honor to introduce the honoree, his excellency who also carried on this great tradition from the japanese side. ambassador has served as japan's ambassador to the united states february 2021. he's career in the japanese ministry of foreign affairs spans over 40 years. before coming to the u.s., ambassador served as japan's ambassador to korea, personal representative for the g summit and i was soccer and ambassador to israel. his early overseas postings have included washington, london and paris. ambassador i think i have known ambassador since 2000 -- 2000 bowman's director of the foreign ministries national securities division and i was a political minister in her embassy in tokyo. i'm de

japan/u.s. relationship requires that an ambassador go to japan and the japanese understand this is somebody who is very close to the president. they really want to see an ambassador who has a direct line to the president, and you do. and i believe that's the reason you have been chosen. i appreciate you sharing at length about mr. mcdonald, because what a tragedy. i was a mayor, and every day in the cities, beautiful things happen and tragic things happen. and that's the case in any city, and you can't be a mayor, especially of a city like chicago, without picking up some scar tissue on the way. but your description of what you learned along the way, the levels of distrust that some in communities feel toward people in power, toward politicians, toward police, i had to learn and then relearn those lessons often in my time as the mayor of a majority african-american city. and i'm sure since chicago is a much bigger city that richmond, virginia, that those lessons were challenging and painful for

of course it's serious in japan. the incoming equality gap is, is certainly a time warm in my opinion because the japanese are probably the ones who have realized the idealism of socialism. in other words, we don't have a lot of, you know, inequality gap in compared to other we see the nations. but that said, that has a white and quite, ah, you know, dramatically especially after cove is 19. so obviously, this is one thing that he has to tackle. ah, but you know, this is that exactly same thing has been said by mr. o'connor as well. are, we know that that's the whole work that all in a policy she's asked to do. so it's really nothing new in, in, in that context the radical changes that i'm talking about is the constructive destruction within the l d p. now this is, you know, are something that mr. cona was about to do, but certainly not mosquito who will be trying to basically balance things out. he's known as a very good balancer. so i doubt that there will be a drastic, you know, innovative change within dell, the

i think japan is now sort of thinking, well, where exactly do we sit? he's another layer that we, that we have to contemplate. and i think just as japan was anticipating or expecting, and i think some of the elite we've talked about during the 5 eyes and so on with some of the other countries here. i think it's maybe a momentary setback at least, but, but as, as foreign minister and he's fiction is somewhat more of the dervish. so he's from that, well, his area is hiroshima and he has made some strong statements as far as that heritage of his go is. and so i see that he should have, will have to be making some fragmatic choices between what he might want himself as in terms of security and when he will have to go as, as prime minister on this day. you really interesting point, let me take it said 0. the pragmatism may be coming through. does i explain why, for example, we've heard, we've seen signals from, from china, the chinese state broadcaster, and the very least describing cause she'd as victory as the best option for badging despite you know, the

will that rescue japan from the stagnation from the challenges which japan didn't overcome even under the rule of sions. so i'll be, what do you think, se, jira now, unfortunately, it will not. the fact of the matter is, is that, well, you know, i've been on the 1st era was flying the weekend has basically surged the income of the japanese exporters, which was expected to basically increase the income of the japanese people that didn't happen. so obviously, mister and mr. cohen are both are basically indirectly making sure that, you know, they would certainly push for the increase of wages to take place so that, you know, private spending will basically flourish. but in japan, one of the characteristics of japanese consumer spending is that you have to have a secure conditions of the corporations still live on employment. it's energy system, although it is basically crumbling, is still is very intact particular on so larger companies, meaning that the stable condition of these companies are, must project spending. so obviously it will be very difficult, you know, even if you make thes

. >>> we begin with an announcement from japan's imperial household agency. princess mako will marry her boyfriend komuro kei on october 26th. it comes after years of delay and intense public scrutiny. the couple will not hold a traditional wedding ceremony reserved for imperial family members. the 29-year-old princess mako is the eldest daughter ofrown prince and princess akishino. her boyfriend komuro returned to japan after living in new york to study law. once he finishes a self-isolation period as a precaution for the coronavirus virus the couple will see each other for the first time in lee years. their planned engagement was first announced in 2017, but it was postponed after media reported on a financial dispute between komuro's mother and her former fiance. princess mako declined to receive a lump sum of about $1.4 million, which she's eligible for upon her marriage. agency officials say behind that decision was the significant stress she had faced. they say it was caused by what appeared to be defamatory information about their families as well as p

is particularly concerned about this, this flood, just off the coast of japan. japan so far says there were no damages or casualties, but they are keeping as close. i as in china and south korea, of course, and the for good reason. they're also bracing themselves for possible future missile test. this is the 8th so far this year by young young earlier test breached un sanctions. and the last test before this was just a few weeks ago at the end of september, when con young tested a hypersonic missile. i thanks so much. katrina you there and been while harvey shut off is an a junk professor of political science and international affairs at temple university in japan. he explains why north korea would conduct with test so soon after us reaffirmed readiness to resume talks. it always, traditionally, north korea tried to increase its leverage and talks, which is why when ever there were going to be diplomatic meetings, whether we're talking about the 6 party talks, whether we're talking about one on one meetings were bilateral meeting meetings with the united states. it was very common for

s. japan and south korea has been cold. they agreed to strength and cooperation. japan's prime minister is cancelling election events and condemning the tests. it's like your though it is very regrettable that the country has continued launching missiles since last month . the you couldn't sleep villa. i'd rather not predict north korea's intentions of firing the missiles from my point of view, but i think we must continue making efforts on grasping the situation and collecting information. katrina, you have the latest from beijing now. well, according to the south korean government, it took place at 10 17 am on tuesday, local time from the area in north korea on the coast known as sin pole. now this area is the base of north korean submarines. it has a naval shipping yard there as well. now what we don't know is whether dismissal was launched from the submarine. and if it was, this would be the 1st successful test of this technology by north korea, or whether it was fired from the test barge. as p young has done previously

japan hasn't done that yet. october 12 is the final deadline to submit this new more ambitious target. haidi: ali there. plenty more to come on"daybreak asia" this is bloomberg. >> and here is a quick check of the latest business flash headlines, the autonomous vehicle unit is set to see its ride hailing business become a $50 billion operation over the next couple of years. the c.e.o. will present those plans to investors this week. he is expected to say that cruise will charge for rides and will expand if it gets the green light from california regulators. they are said to be in early discussions with the mines for stake in the western project. the huge exploration project would be a departure from the policy of shunning risky jurisdictions. qualcomm has partnered with newly formed quality equity firm. the complex transaction ends a lengthy battle for control of the auto tech company. the $37 a share deal means an 18% premium over a rival bid. they will carve out the driving operation for qualcomm and find owne

the remorse shown by one member of japan's top secret unit 731. he and his colleagues killed thousands of victims, well developing biological weapons. he's the guy who had been unit 731 soldier when he was young, man, and killed people. paul johnson, an american director, has studied unit 731 documents at length and knows it's history. well. unit 731 was a unique organization in the history of the world. what they were trying to do was to simply do nothing short than build the most powerful and most deadly biological weapons program that the world had ever. now. japan had a longstanding interest in biological weapons, emperor here a heater, who had a degree in the ring biology believed that biological weapons would help to pan conquer the world. as a descendant of the sun, goddess a matter, russell, he saw it as his calling in the 1930s, the concept of japan's exceptional role in the world permeated the country society . oh so good. so june gets the sunni hummadi condie equal, sucking yawn all natural medina o, japanese journalist, shoji condo, th

. >> breaking news out of japan. we are getting the rate coming in at 2.8%, in line with estimates for the month of september. also at the same level as the previous month. we had expected conditions to stay steady. we have seen negative impact given the extension of the state of emergency, but at the same time, we have seen rapid drop in new virus cases that may have helped those companies to keep people in their jobs. the job to applicant ratio higher than expected. 116 jobs available for 100 applicants, higher than the estimate of 1.14, also the number the previous month. it is coming in as 1.16. this as we continue to watch what is happening with covid cases in japan. we are going to see if there has been an impact of china's slowdown in the months to come. the jobless rate steady, the job to applicant ratio a little bit higher. >> the boj governor kuroda yesterday said there was scant risk of the runaway inflation hitting japan. to his point, tokyo year on year for october missing expectations, coming in at just

what about japan's opposition parties? 0n rural areas. what about japan's opposition parties? on a tokyo street corner, a candidate for the communist party is trying to drum up support. there are at least nine opposition parties injapan. it's one reason they do so badly. this is one reason they do so badly. this is one of the very few ways that opposition parties injapan have of getting their message out to potential voters, because door—to—door campaigning in japan potential voters, because door—to—door campaigning injapan is door—to—door campaigning in japan is not door—to—door campaigning injapan is not allowed. that gives the incumbent party a tremendous advantage. their leaders are on the television news every night. we asked some young voters if they recognised the leader of japan's biggest opposition party. t recognised the leader of japan's biggest opposition party. i know his face, but! biggest opposition party. i know his face, but i don't _ biggest opposition party. i know his face, but i don't remember - biggest opposition party. i know his face, bu

know was over japan. very close! i think that's i japan. very close! i think that's one of the _ japan. very close! i think that's one of the common _ japan. very close! i think that's one of the common concerns. l japan. very close! i think that's - one of the common concerns. whether he's on _ one of the common concerns. whether he's on the _ one of the common concerns. whether he's on the phone _ one of the common concerns. whether he's on the phone with _ one of the common concerns. whether he's on the phone with washington - one of the common concerns. whether he's on the phone with washington ori he's on the phone with washington or beijing _ he's on the phone with washington or beijing north— he's on the phone with washington or beijing. north korea _ he's on the phone with washington or beijing. north korea is— he's on the phone with washington or beijing. north korea is always - he's on the phone with washington or beijing. north korea is always in - beijing. north korea is always in the mind — beijing. north korea is always in the mind

japan has a lot of— that is really an acknowledgement that japan has a lot of importancel that japan has a lot of importance to ptace _ that japan has a lot of importance to ptace on— that japan has a lot of importance to place on its— that japan has a lot of importance to place on its relationship- that japan has a lot of importance to place on its relationship with l to place on its relationship with bay showing, _ to place on its relationship with bay showing, and _ to place on its relationship with bay showing, and of— to place on its relationship with bay showing, and of course i to place on its relationship with bay showing, and of course it l to place on its relationship with| bay showing, and of course it is concerned — bay showing, and of course it is concerned about _ bay showing, and of course it is concerned about aggression i bay showing, and of course it is i concerned about aggression across the taiwan— concerned about aggression across the taiwan straight. _ kishida already said he wants to put more money into coastal security, i more money into missile defe

/japan relationship and encourage reform of particularly capital markets in japan. that was the piece that brought congressman hill and me together back then. his experience from my perspective goes way back to the time and is relevant to the china conversation today. i'm delighted to turn the floor to congressman hill. >> matt, thank you. personally, thank you for the three decade friendship, for your long service to the nation and a great introduction. it's great to see you, even if by teams. let me congratulation stephanie segel for her work and analysis accomplished in her february overview as well as in this final report designing a possible framework for policy decisions related to the u.s./china relationship. my remarks are based on my observations as a member of the house of representatives, but are also informed by my four decades of private sector engagement, service on the senate banking committee staff and my work i enjoyed with matt in the administration of bush 41. this morning's discussion on stephanie's framework is needed and in my view long overvie

-japan relationship and encourage reform of particularly capital markets in japan and that was the piece that brought congressman hill and me together back then and so, his experience, in my-- from my perspective goes way back to that time and i think is relevant to the china conversation today. with that, i'm delighted to turn the floor to congressman hill. >> well, matt, thank you, and csis for this invitation and thank you for the three decade friendship, for your service to our nation and the great introduction and great to see you, even if by teams. and let me also congratulate stephanie segal for her extensive work for her february overview as well as this report, designing a possible frame work for policy decisions related to the u.s.-china relationship. and a current member of the house of representatives, but also certainly are informed by my four decades of private sector engagement, my service on the banking committee staff and my work i enjoyed so much with matt in the administration of bush 41. this morning's discussion on stephanie's framework was needed and in my view long

he was very smart, intelligent, capable person of high status in japan. he was a medical doctor who was also a pilot, and a military commander. he had all of these great talents and skills that sadly, instead of being used for a good purpose, he took his great prodigious skills and took it in the opposite direction to the dark side as a force for evil. ah, japan's general stuff allocated enormous resources to help the biologist establish a secret facility to develop biological weapons. china's manchuria region occupied by japan in 1932 and turned into the puppet state of man to co became the testing ground. manchuria is very handy because of its location. close to the u. s. s. off. it also has plenty of test subjects. test subjects. you mean people brought to the unit for tests? exactly. those people were meant to die. that's right. from tribunal questions to quiz schumacher. yoshi, a medical service major, general bmw in 1938, several secret facilities were established in the hills of manchuria. unit, 100 in san jang worked on lifestyle contamination uni

what about japan's opposition parties? a candidate for the communist party is trying to drum up support. there are these nine opposition parties injapan. it's one reason they do so badly. this is one of the very few ways that opposition parties injapan have of getting their message out to potential voters, because door—to—door campaigning in japan is not allowed, and that gives the incumbent party a tremendous advantage because their leaders are on the television news every night. we asked some young voters if they recognise the leader of japan's biggest opposition party. 0nce or twice, i know his face, but i don't remember his name. are you interested in the election? are you going to bother voting? actually, no. young urbanites don't vote and don't know who to vote for, but even if they did, their vote would count a lot less than if they lived in the countryside. today, the vast majority of japanese voters live in big cities like this one, but the voting districts have not been modernised to reflect this huge shift o

this is where in december 1949, 12 members of japan's. quinton army stood trial ucc. that was the only time wall criminals have ever been tried for creating a biological weapon and testing it on maple. mm one way or no one mashonda augment or what? no, no. what go more shrill than what they should know more and i've got a letter to read it. and elaine delayed to no. no, no, no, no, but no single. but a nice little dinner and you did the remorse shown by one member of japan's top secret unit 731. he and his colleagues killed thousands of victims. well, developing biological weapons. he's the guy who had been a unit 7 to 31 soldier when his young man in killed people. paul johnson, an american director, has studied unit 731 documents at length, and knows it's history well. unit 731 was a unique organization. in the history of the world, what they were trying to do was to simply do nothing short than build the most powerful and most deadly biological weapons program that the world had ever. now. japan had a longstanding interest in biological weapons, emperor a hero heat

especially when it comes to japan. we have cindy opportunities being pointed out by analysts. -- we have seen opportunities being pointed out by analysts. >> we look for good companies that we can buy with a margin of safety where it is well-run by on spinners that own -- entrepreneurs that own a piece of the company. we can present capital. in this particular case, it is important to bear in mind that in japan, that is quite reasonable compared to other countries. there is seven years of corporate governance reform that have led to much more activity. we have seen companies jump up in valuation substantially. we believe that japan has a lot of upside for regional valuations and much more action. >> what are you seeing in terms of valuation for cases like south korea and taiwan? we have seen that run-up in the markets they are given the focus on semiconductors and how heavily tilted they are toward tech. at the same time, we are seeing some concerns that may have gone too far. we have samsung final results today -- sam

japan from that perspective is looking in good shape. shery: jim mccafferty, great having your insight. let's get to vonnie quin with the first word headlines. >> thank you. international monetary fund has cut a growth forecast. the surge in the delta variant and lagging vaccination. it expects the region to grow 6.5 percent this year, down 1.1% from april. the fastest growing area. much of the downgrade was due to slower growth in india and southeast asia, where covid continues to spread rapidly. china is studying ways to intervene in the coal market. the top economic planner will take what it calls a zero-tolerance approach to policing the sector. coal prices have more than doubled in recent weeks. ndrc plans to study specific measures to return them to what it calls a reasonable range. china has been seeking to curtail it for months with little success. singapore is taking steps to safeguard its energy security. it includes standby fuels for some of these which generators can draw additional reserves if needed. the government is also

for instance, i grew up in japan, japan and i share slams in some way -- values in some ways and not in others. they're our most important ally in the world because nobody is stronger and more acutely threatened by china. okay. like, that's -- now, we know they need to spend more. we're in it together whether we like it or not. so i think that's how we should think about it. and then we should mix assurance and pressure. our allies should know that if they don't step up, a, we'll be angry, sure, but that's not enough. there is always the possibility we just won't be able to do it. i was very encouraged by taiwan's announcement the oh day that a -- the other today that they're going to spend a lot more on defense. there are a lot of people i really respect who are saying it's not worth it, and it's not a dumb argument. to me, it's like a 70-30. so taiwan's fate, this a lot of ways, in its own hands. so i think they should continue in that direction. the other thing is, i mean, we can defend countries in different ways. i mean, you know, during the cold war we were going to defend west

andjaan. , , .,~ ., and japan. give us your take on this line that _ and japan. give us your take on this line that the _ and japan. give us your take on this line that the imf _ and japan. give us your take on this line that the imf has - and japan. give us your take on this line that the imf has gone | this line that the imf has gone with for some time, that vaccine in polity will actually cause global growth to be stalled. that that needs to be addressed. that rich nations such as the us, uk and others need to stick their commitment of rolling out vaccines to those countries that haven't got supplies. i those countries that haven't got suaplies-_ those countries that haven't not su lies. . , ., got supplies. i mean, they have absolutely _ got supplies. i mean, they have absolutely got _ got supplies. i mean, they have absolutely got a _ got supplies. i mean, they have absolutely got a point. - got supplies. i mean, they have absolutely got a point. the - absolutely got a point. the proof is in the data. if you l

just a final thought to david, japan's new prime minister female casita says japan would respond resolutely to this missile launch from the north. how worried our regional players like japan to these up and down tensions on the korean peninsula? are there quite worried that the relationship between north korea and japan? i have been mainly down over the last decade, the nautilus, japanese have made really strong efforts to try and reach out to north korea. they've been robust almost at every turn. and this, these missile launches are really aimed more at not at south korea, the traditional frontline, the enemy of north korea or the united states. but at japan and other countries in the region. but the japanese are quite worried and they should be they would certainly really good to get your thoughts. thank you very much and even talking to us. thank you. now dozens of palestinians have been wounded and arrested in scuffles with israeli forces and occupied east jerusalem as thousands celebrated a muslim holiday. israeli forces moved in on damascus gate in the old city for the 2nd day in a ro

okay, despite oh, such a quick shifts and the political landscape in japan. oh, just recently, when i spoke to the new prime minister of japan on over the phone, when and when did he? it is in a very experienced sir. and to vigil. it has been dealing with international affairs and diplomacy for many years. it's diplomat politically, it's a person has very, it was very close to for my medicine are there and i think that we will see continuity in japan or when it comes to japanese position with respect to rush jumpy arbor until the back a when a present harbor was still president, or will you handle a number of alter or joint projects? will you give me like he is going to really bring russia japanese relations to a new level africa. i hope that this work will be continued in the future, and the same vein, or 2 friends, lose tips will show them that is answering our questions for 2 hours trade. so that's what i propose. she has been optimized, our work will have a bill. it's now rolls. please ask short questions here, gum without any statements. jesse short ques

let's move to japan. we are watching to see how markets react following a win, we are also in the thick of earnings season and that can move the market quickly. meanwhile, japan will propose a compromise to help form an international agreement on rules governing carbon. on the eco-front, expecting pmi numbers for october. we will see what happens in september, especially after we saw industrial production plunging in japan last week. haidi: sticking with japan and the economic outlook, let's get more on what the markets are expecting postelection results. cover senior editor joins us now -- our senior editor joins us now. a little bit more of a mandate. global will traders be making of this? reporter: i think it will be positive for the markets, futures are up already. it removes an element of uncertainty people had around the kishida administration, early poll numbers were not impressive, there was data that looked like it might be a lot closer than it ended up being. as you say, it gives him a mandate a