Japan–Taiwan relations "The terms of the Cairo Declaration shall be carried out and Japanese sovereignty shall be limited to the islands of Honshū, Hokkaidō, Kyūshū, Shikoku and such minor islands as we determine." Statements and principles set in the Joint Communiqué of 1972 were written in the Treaty of Peace and Friendship between Japan and the People's Republic of China in 1978. Japan and the PRC agreed to continue abiding by the treaty when former Prime Minister of Japan Shinzo Abe visited Beijing on 8 October 2006. In 1998, Japan and the PRC signed the Japan–China Joint Declaration on Building a Partnership
Kozo Yamamoto appointed his ministerships in 2016. Yamamoto is a known advocate of reflation policies, and is one of the first to argue for using monetary easing tools to overcome deflation in Japan. As a longtime critic of the Bank of Japan's monetary tightening policies in the Diet, he chaired multiple study groups on monetary policy when the LDP was out of power, and appealed to Shinzo Abe the need for quantitative easing. Yamamoto proposed the consumption tax increase of April 2014 to Abe Shinzo, and advised swift action. He also advocated for basic allowances and various public-works projects for low-income earners