The leading power here is China, with the world’s biggest population and second-largest economy, which is now striving to establish its hegemony throughout the Pacific Rim. Taiwan, South and North Korea, and Japan are all groping for ways to resist Chinese expansion while maintaining strong economic ties with the region’s colossus.
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Leadership Challenges 2020: Japan’s unique social contract
While Japan has known prosperity and stability under the leadership of longtime Prime Minister Shinzo Abe, it faces demographic challenges that will require difficult decisions. Social cohesion is of the highest importance for the Japanese and many see immigration as a threat, but the rapidly dwindling population will need to be boosted in the near future to avoid economic collapse.