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The investment of pension funds in Japan refuse to support Trump

Japan's public pension fund denied Thursday a report that the United States to invest in infrastructure under the expected offer of Prime Minister Shinzo Abe President Donald Trump to help boost employment in the United States . The main everyday business Nikkei, without citing the source, that the Government Pension Fund Investment Fund (GPIF), the largest in the world, will buy debt issued by US companies to finance the large expenditure program . Abe, speaking of a planned summit with Trump next week, told parliamentarians on Wednesday that he plans to discuss "how Japan can create jobs" in the United States and broader economic cooperation with the Which is the main ally of their country's security. "This includes" how Japan can cooperate in infrastructure investments that the president has mentioned, "Abe said, however, GPIF chairman Norihiro Takahashi said," There is No facts such as what some media reported. "The GPIF makes investments, including in infrastructure, from a long-term, mainly in the interest of retirees, and there will be no change In principle. "Fund spokesman Shinichiro Mori reiterated the Takahashi statement, told AFP:" We are investing in infrastructure projects from the point of view of pure investment, but never, Changes in our investment portfolio An investment decision as part of the government's economic measures ". Yoshihide Suga, spokesman for the Government of Japan, echoed the declaration GPIF. As for the broadly reported economic cooperation that Abe hopes to present to Trump, Suga says nothing has been decided. Japan, which was the target of occasional announcements Trump Twitter US companies and foreign pressure to boost employment in the United States, took care to show their willingness to cooperate with the new administration. We guarantee the safety of Japan and protect it with 47,000 troops stationed in the country, as well as under its aegis called nuclear. Abe was not long to join Trump in the US shortly after the election victory in November Baron, introducing an expensive golf club. They will meet again on February 10 in Washington, while the Japanese media, including the best-selling Yomiuri Shimbun, say both also play golf the next day in Palm Beach, Florida, where Trump has a home. However, Japanese analysts warn that Trump's criticism of Japan could become more difficult after pointing Toyota in one of its flaming tweets on a project to build a new plant in Mexico and accused this week in Japan devaluation currency

 
 

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