A new leader for Japan

<p>From the BBC World Service: Japan&#8217;s ruling Liberal Democratic Party has selected former foreign minister Fumio Kishida as its new leader. He&#8217;s now almost certain to become Japan&#8217;s next prime minister within days, so what is the likely economic impact? A new study suggests that billions of dollars of China&#8217;s lending around the world is concealed from the country&#8217;s balance sheet. And there are indications that climate change is likely to have a more severe impact on low-income countries than high-income ones.</p>