Japan plans to dissolve parliament with possible snap election in February: NHK

Japan plans to dissolve parliament with possible snap election in February: NHK

CNBCworld

Key Points:

  • Japan's ruling Liberal Democratic Party (LDP) plans to dissolve the Lower House later this month and hold a snap election likely in February, aiming to leverage Prime Minister Sanae Takaichi's historic 75% approval rating to stabilize the ruling coalition.
  • The election would occur just four months into Takaichi's term and mark the first time the LDP contests with its junior coalition partner, the Japan Innovation Party (JIP), which together hold a slim majority in the 465-seat Lower House but remain in the minority in the Upper House.
  • Diplomatic tensions with China have risen following Takaichi's November comments on potential Japanese military intervention regarding Taiwan, yet her approval ratings remain high amid these challenges.
  • The opposition Constitutional Democratic