Whitley believes political reform in Japan could boost its growth

Japan's forthcoming general election strengthens its position in terms of growth rather than weakeni...

Japan's forthcoming general election strengthens its position in terms of growth rather than weakening it, says Baillie Gifford. The group's Japanese manager Sarah Whitley said investors have been turning against Japan in recent months, considering its political reform to be on hold. In fact the upcoming election is a catalyst for change. A political shift in the wake of the election could significantly boost Japan's growth rate, she added. Whitley explained the country is also beginning to rely less on trading with the US, focusing more on intra-regional trading with South East Asia,...