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(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.