Mon, Jun 25, 2012 - Page 15 News List

‘Chinese fund’ shifts focus to Japan

SPREADING The RISK:Although the ownership of OD05 Omnibus is still unknown, it is believed to be linked to China and to have invested US$45 billion in 174 Japanese firms

AFP, TOKYO

However, “there is nothing wrong with the Chinese investment and it is not bad news for Japanese companies,” said Yasuyoshi Masuda, an economics professor at Japan’s Toyo University.

Japan should be wary of Chinese government investment in firms with links to the military or secret technology, but otherwise “Japan’s stock market should welcome foreign capital investment,” he said.

“It’s not like the Chinese fund owns more than 50 percent of a major Japanese firm,” he added.

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