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Japan immigration

Japan weighs shortcut to green cards for Hong Kong financial talent

Tokyo plays catch-up to Singapore and others as a favored destination for bankers

A man walks past Tokyo Station during the coronavirus outbreak. Japan will ready incentives to attract financial talent to Tokyo. (Photo by Hirofumi Yamamoto)

TOKYO -- A day after China passed and enacted a new national security law to govern Hong Kong, Japanese lawmakers kicked off official discussions over ways to welcome financial talent that may be contemplating leaving the international financial hub.

At the first meeting Wednesday of a new project team established by the ruling Liberal Democratic Party, experts stressed an urgent need to create a more accommodating environment for foreign professionals. The team will assemble a package of recommendations this year.

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