With the Central Bank of Japan's policy adjustment, BlackRock said it is optimistic about investment opportunities in Japan

Sina Financial News Susan Chan, head of BlackRock Asia Pacific, said that with the transformation of Japan’s monetary policy and the creation of opportunities for corporate governance reform, Japan has become an investment destination that attracts global investors. Susan Chan said the market has turned, it’s gathering tremendous momentum, and we’re seeing decades of deflation and economic stagnation largely over. Susan Chan said the normalization of Intrerest rates and the emergence of inflation will help drive local residents to switch from cash to investments such as ETFs. Japanese households have 2,141 trillion yen ($13.7 trillion) in financial assets, more than half of which are bank deposits. BlackRock now sees Japan as a significant opportunity in Asia, alongside ETFs and private markets.