Editorial: Japan's Floundering Deep-Water Reform a Lesson for China

Asia’s two biggest economies have recently seen their leaders reelected or be set to be reelected for another term.

The Communist Party of China last week announced Xi Jinping will continue to be the party leader, though five new faces have been added to China’s top decision-making body, the seven-member Politburo Standing Committee.

Japanese Prime Minister Shinzo Abe is expected to remain leader of Japan after the ruling bloc’s overwhelming victory in the general election a week ago. The result reflects not only the public’s desire for a stable government when faced with external security threats, but also the Japanese people’s support for Abe’s economic policies.