Media Guido speculates on BBC News boss James Harding's next move, noting that an extended process to succeed Lionel Barber as editor of the FT is underway.
It's a fairly thin construction, based on FT newsroom gossip. It misses one strengthening point - James speaks Japanese, and the FT is owned by the Nikkei.
After Trinity College Cambridge and a journalism course at City University, James got a Daiwa Anglo-Japanese Foundation scholarship to learn Japanese at SOAS, with a short time with the Japan unit of the European Commission in Brussels, and a spell as speech writer for Koichi Kato, then Japan's chief cabinet secretary. James is now billed as a trustee of Daiwa.
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