TOKYO — The Japanese Finance Ministry is pressing the Chinese government to ease capital controls, Nikkei learned Tuesday, in the hope that investors’ appetite for Japanese securities will bring in capital from mainland China.
With China’s real estate sector slumping and the economy stagnating, attractive investment targets have dwindled. That means funds from China’s trade surplus are piling up inside the country. Japan aims to bring that money into Japanese stocks by encouraging China to expand its quota for investment in foreign securities.
