Asia-Pacific

Minister warns of Japan's excessive dependence on debt

(Xinhua)
Updated: 2011-01-24 17:30
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Minister warns of Japan's excessive dependence on debt
Japan's Finance Minister Yoshihiko Noda (behind) walks past Prime Minister Naoto Kan at the start of a regular parliament session in the lower house of parliament in Tokyo Jan 24, 2011. Kan, facing a divided parliament and doubts over his political survival, on Monday stepped up his campaign for a sales tax rise he argues is vital to pay for huge welfare costs in the fast-ageing society. [Photo/Agencies]

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