The Rakuten-Tencent issue exposed a loophole in the investment screening system for investing in Japan in 2021. The government was criticized for its laxity in the revised Foreign Exchange Law, which had promised to strengthen investment screening.

Rakuten/Tencent scandal exposes “loophole” in Japan investment screening, takes 4 years to address – Nikkei Business

Rakuten/Tencent scandal exposes “loophole” in Japan investment screening, takes 4 years to address – Nikkei Business
The Rakuten-Tencent issue exposed a loophole in the investment screening system for investing in Japan in 2021. The government was criticized for its laxity in the revised Foreign Exchange Law, which had promised to strengthen investment screening.

https://business.nikkei.com

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