Gen Kanai

Can Tokyo Regain Its Luster as a World Financial Center?

Great post. It is obvious that Japan is not prepared to make the sacrifices necessary to regain it's position as a WFC. The government may 'say' that they want that, but the reality is clearly less convincing, and the market responds by listing elsewhere, by moving offices outside of Japan, etc. Without any radical change in policy, Japan will continue to be marginalized and fall further into the shadow of China, which, when you consider the history of Asia from more than just the 20th century, makes more sense.