5 Min Read
(Corrects name of pension fund in para 4 to Government Pension Investment Fund, from Government Pension Index Fund)
* Japan’s GPIF resists FTSE Russell’s plan to include China
* Japanese investors are biggest users of FTSE’s bond index
* Their reluctance stems partly from historical tensions
* China’s high yields attract foreign investors
* Some Japanese banks, insurers snapping up Chinese bonds
TOKYO, Jan 15 (Reuters) - Index provider FTSE Russell is facing resistance from some Japanese players, including the country’s biggest pension fund, on a plan to include China in its World Government Bond Index (WGBI), one of the most widely-used global bond benchmarks.