Japan Woos Hong Kong Business as Abe Cools to China

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Japan Woos Hong Kong Business as Abe Cools to China
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Tokyo has traditionally stayed out of internal Chinese matters, but Beijing’s moves to erode Hong Kong’s autonomy have prompted a more confrontational stance by Prime Minister Shinzo Abe

TOKYO—Japan is laying out the welcome mat for Hong Kong-based financiers while China is encouraging them to stay put, adding to the chill between Asia’s two biggest economic powers.

Tokyo has traditionally stayed out of internal Chinese matters, but Beijing’s moves to erode Hong Kong’s autonomy through a new security law have prompted a more confrontational stance by Prime Minister Shinzo Abe.

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