“You can invest in Japan with confidence,” Fumio Kishida, the country’s prime minister, told an international audience in London last week in a Japanese-language address, adding a three-word declaration in English almost as an exclamation point: “Invest in Kishida.”
The call seemed a throwback to speech by another Japanese leader — Shinzo Abe’s 2013 appeal at the New York Stock Exchange for investors to “Buy my Abenomics!” Abe’s rallying cry was, at least temporarily, a success. Foreign money flowed in during the early years of his premiership as investors bought into his narrative that Japan was back.
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