Sanae Takaichi plans Japanese ‘Cfius’ to tighten economic security

Financial Times: The new agency will be modelled on the Committee of Foreign Investment in the United States, which vets overseas investments for national security risks. The committee was central to former US president Joe Biden’s attempt in 2024 to block Nippon Steel’s acquisition of US Steel.

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It comes amid heightened concern in Japan about rising activist investor interest and the need to protect sensitive sectors and technologies from potentially harmful foreign interference, particularly from China…