Fosun says timing is good for investment in Japanese firms
By Hu Yuanyuan in Tokyo | China Daily | Updated: 2014-09-29 07:34
Fosun International, an investment group headquartered in Shanghai, is seeking investment opportunities in Japan's financial institutions, company CEO Liang Xinjun said on Sunday at a forum on bilateral ties between Beijing and Tokyo.
"Japan is under the pressure of deflation, while China is facing inflation. That means investment in a Japanese financial institution allows us to invest in China with lower capital costs," Liang said at the Beijing-Tokyo Forum sponsored by China Daily and Genron NPO, a Japanese nonprofit group.
Liang said Fosun will attempt to buy a stake in a Japanese financial institution.
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