Report: Japan to Limit Land Purchases near Military Bases After Chinese Spending Spree

A recent increase in the number of Chinese and South Korean companies purchasing plots of land near Japanese military bases has led Tokyo to consider limiting such sales, the South China Morning Post (SCMP) reported on Tuesday.

“Work is underway on the outline of a basic policy and that will be completed before the end of this year,” an official within Japan’s Cabinet Secretariat told the newspaper.

“One of the proposals is for a more complete examination of the reason for the purchase of the land by a foreign company, something that is not specifically required at present,” the official, who declined to be identified, added.