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Japan's ruling party to elect new leader

09-14-2010 12:55 BJT Special Report:DPJ Presidential Election |

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Japanese Prime Minister Naoto Kan's job is on the line as he faces a challenge from powerbroker Ichiro Ozawa in the leadership election of Japan's ruling party.

The party parliamentarians are responsible for 70 percent of the total points. Japanese media surveys indicate the race is too close to call.

A victory for Ichiro Ozawa would make him Japan's third prime minister in a year.

But it seems Naoto Kan has an edge among local lawmakers and party members, who have already voted.

Recent polls have shown about two-thirds of the public also back Kan.

Tokyo Resident, said, "I think Kan is better. I want him to continue on as Prime Minister."

But Ozawa has deep support in parliament, where many are beholden to him for helping start their political careers.

And many think he has greater decision making power.

Daisuke Ueno, Chief Strategist, Gaitaimae.com Research Institute, said, "If you're thinking about the pressure on the yen and considering which candidate would most likely bring about financial easing, then that would probably be Ozawa I think. If Ozawa wins, there is a chance that the rise in the yen would be reversed."

But leadership is determined by party members, not the general public.

So the two candidates are working hard on the 30 parliamentarians who are still undecided.

Final speeches will be made around 2 PM, followed immediately by voting, with results expected by 4 PM.

 

Backgrounder:

 

Profile of Naoto Kan

Naoto Kan, the 63-year-old Prime Minister, is a veteran in the DPJ. <Full story>

 

 

 

Profile of Ichiro Ozawa

Ichiro Ozawa, the 68-year-old former secretary general of the DPJ. <Full story>

 

 

 

Analysis:

 

Studio interview: Power switch affects Japan's image

Prime Minister Naoto Kan is popular with the general public, while his powerful challenger Ichiro Ozawa has deep support in Parliament. <Full story>

Editor:Zhang Pengfei |Source: CNTV.CN

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