A Japanese government official called on China to expand a program allowing certain mainland investors to put more money abroad, citing ¡°strong enthusiasm¡± for Japanese stocks.
¡°I¡¯d like to request that China continue to move forward with its financial opening to the rest of the world,¡± Satoru Shibata, an adviser to the Financial Services Agency on China issues, said at a forum in Tokyo Friday, according to prepared remarks.
Local demand for Japanese shares means that ¡°a further expansion of the quota is necessary,¡± he said, adding that the views are his own.
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