31.12.2010 - A true 'Japan Inc.' could be on the way
From WSJ: Japan could be creating a stealth sovereign-wealth fund. It is a prospect that is swirling around Japan as the country's government has moved to extend some of its $1 trillion in foreign-exchange reserves to help back merger financing and other foreign investments of Japanese companies. Earlier this month, Cabinet officials signaled that they will propose remaking an existing state-owned bank known as the Japan Bank for International Cooperation (or JBIC), a publicly funded lender that has been geared toward providing aid to projects in emerging markets..............................................Full Article: Source
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