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THE GAIJIN GIVE JAPAN A WORKOUT.
- Source :
- BusinessWeek; 11/1/2004, Issue 3906, p56-56, 1p, 2 Color Photographs, 1 Graph
- Publication Year :
- 2004
-
Abstract
- Reports that Japan is finally welcoming foreign investment in nonperforming Japanese assets after years of turning it away. Prime Minister Junichiro Koizumi who told banks that they had to cut their nonperforming loan rations to 4.1% of assets by March 2005; Banks which are now unloading not just nonperforming debts but better quality problem loans; Foreign investment which has gone from under $3 billion in 2001 to nearly $25 billion in 2004; Return on investment which has been 20-30% a year.
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 3906
- Database :
- Complementary Index
- Journal :
- BusinessWeek
- Publication Type :
- Periodical
- Accession number :
- 14796977