Quotes by Hidenao Nakagawa

“This is the first step toward large-scale administrative reform to fundamentally change the shape of this country.”

“Things are very tough. There is definitely the chance of failure.”

“The party campaign manifesto calls for a review of the ministerial structure.”

“Japan ought to refer to (the Bank of Englands 2% inflation target).”

“The Japanese economy seems to be stagnating versus rapid growth in China, but its growth is ready to take off. Japan is coming out of deflation.”

“The prime minister has clearly said his visits are private ones. The difference between a private visit and an official one is that the prime minister can limit who he worships.”

“The Chinese side, of course, said there is no room for compromise. I told them that this issue is related to the public sentiments of the two countries. The mutual understanding of the two countries is important.”

“The Bank of Japan has independence in deciding policy steps. We want the bank to take responsibility for the results of the policies it implements.”

“Whether prices are positive and have stabilized above zero, I still think there is room for debate.”

“We should overcome the various issues and mutually take the risk to hold a summit meeting.”