Day: June 23, 2020

Japan to step up measures to attract foreign finance workers: ruling party draft

TOKYO (Reuters) – Japan will boost visa support, lure more international schools and streamline procedures for obtaining investment management licenses to attract highly skilled foreign finance workers, according to a draft proposal from the ruling party seen by Reuters.

Japan has sought for years to attract foreign professionals in the sector to improve Tokyo’s standing as a global financial centre, and the proposal aims to push the government to accelerate such moves, with Hong Kong residents in mind.

China on Saturday unveiled details of a new national security law for Hong Kong, which has raised fears among democracy activists and some foreign governments that Beijing is further eroding autonomy there.

“Given the current geopolitical situation in Asia, Japan should take advantage of being a safe business location, which is supported by solid democracy and the rule of law,” said the proposal by the ruling Liberal Democratic Party, while not mentioning

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