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The new rules will protect Sony, Toyota and 516 other companies from gaining influence in China.
Japan is introducing strict stock market rules against uncontrolled Chinese influence. As we have become accustomed to in the United States, the measure aims to prevent Chinese companies from becoming invisible, especially in the technology sector.
As the South China Morning Post writes, 518 of the 3,800 companies listed on the Tokyo Stock Exchange have been placed under tighter protection. Anyone acquiring ownership of a business as a foreigner must already declare a 1 percent stake in the future, compared to the previous 10 percent.
Photo: Jiji Press / AFP
On how the United States and Western Europe are trying to unite China, which is “freely handling” patent rights against China, we write in more detail in this article.
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