Japan fires up plans to scout Hong Kong talent for financial hub

But to be international business center, Tokyo needs access to China market

20200612N colorful tokyo tower

Can Tokyo replace Hong Kong and Singapore as Asia's financial hub? Analysts list the many reforms the city must undertake to be able to compete. © Kyodo

SHOTARO MIYASAKA, Nikkei staff writer

TOKYO -- Plans to boost Tokyo's status as an international financial center moved forward Friday with a draft proposal from the ruling party, but attracting Hong Kong talent looking to leave the territory may prove to be a challenge.

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