FUKUOKA, Japan -- This southwestern Japan city, which has raised its profile as an Asian tourist destination in recent years, has kicked off an effort to compete with Tokyo as an alternative financial hub to Hong Kong.
The heads of major local corporations joined hands with academic and political leaders on Tuesday to form Team Fukuoka, an organization with a goal of attracting financial institutions and other multinationals to Fukuoka Prefecture on the southwestern island of Kyushu.
