HKThe article discusses whether Japan would be resilient to a potential U.S. stock market crash, particularly in light of growing investments in artificial intelligence and ongoing geopolitical tensions such as the U.S.-Israel conflict with Iran. It highlights Japan's historically large household savings and complex corporate cross-shareholding structures, which once limited foreign investment. However, it argues that Japan has developed a stronger financial infrastructure over time, allowing it to absorb both domestic savings and foreign capital. According to Hiromi Yamaji, CEO of Japan Exchange Group, cross-shareholdings now account for less than 10% of Tokyo Stock Exchange listings, down from over 50% in the 1980s.
Bias read (Center): The article provides a balanced discussion of Japan's economic structure and resilience, focusing on historical trends and structural changes in its financial system. There is no clear ideological framing or biased emphasis on any particular side of the issue.
