FILE PHOTO: FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su
The tighter rules covering foreign investment in a dozen sectors crucial to national security, such as oil, railways, utilities, arms, space, nuclear power, aviation, telecoms and cyber security, take effect from Friday. “The revised law is aimed at accelerating foreign direct investment in Japan,” said Finance Minister Taro Aso, referring to a law passed in November, and adding that technology and patents needed protection from a national security standpoint.
Some analysts say the revised law reflects Tokyo’s concern over China’s growing influence in industries such as defence, running the risk of leaks of confidential information and outflows of key technology.
Americans better oay attention.
Japan sees the world war that is likely coming... population control, trade wars, wealth protection and class warfare... it's getting ugly out there!
Waiting for China's unhappiness on this..🤣🤣🤣