NEW YORK -- Investor capital is migrating from Chinese stocks to Japanese equities, BlackRock CEO Larry Fink told Nikkei in a recent interview, amid concern about China's sluggish recovery and dimming long-term growth prospects.
"We are seeing some international investors selling China," Fink said. "They are de-emphasizing China because they're worried about China's economy, and they're investing in Japan as they want to continue with their Asian exposure."
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