Report Ownership: Japanese Firm and Chinese Investment

report ownership: While Japan can't explicitly target a single country under the reporting rules, the move would in effect enable closer monitoring of Chinese investment, the official said, according to The Japan Times. Under current rules, a foreign entity is required to report ownership in a Japanese firm once it plans to take at least a 10 percent stake. Such a move would follow similar steps taken by the United States and European countries in recent years and reflects growing unease in Japan about the possibility that Chinese state-backed companies could gain access to key technology. ; We need to strengthen monitoring for national security but we don't want to hinder foreign direct investment itself, said one of the officials, both of whom declined to be identified because the talks have not been made public. The change would see that percentage lowered, although the new threshold is yet to be finalized, the officials said. Japan is much further behind when it comes to protecting the security of its economy, the second official said. The United States and Germany have taken similar measures aimed at China. (news.financializer.com). As reported in the news.