BlackRock's Fink Sees Hope in Japan With New Policies


Japanese government policies to help kickstart its economy and ease the burden of long-term deflation are "on the right path," creating hope for the country for the first time in the past 20 years, BlackRock Chairman and Chief Executive Laurence Fink said.

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It "might be the first time in a long time" that Japan can reboot itself, said Fink, who heads the world's largest asset manager, at the annual Credit Suisse Asian Investment Conference in Hong Kong.