Tokyo: After security concerns, over 700 Chinese-funded transactions of plots of land have been detected by the Japanese investigative groups around Military bases in Japan, a local newspaper reports.
The investments and purchase plans were driven by Chinese-led foreign corporations and could pose a risk to Japan’s safety, the Sankei Shimbun reported to Appledaily Thursday.
Japanese authorities made the startling discovery after launching a comprehensive investigation last year into the property rights of land surrounding military installations, the news report said.
The investigation arose from rumors in recent years that the Chinese capital was being used to buy sites within 10 kilometers of defense facilities and on Japanese islands at the periphery of the country, it reported.
Officials checked confirmed land acquisitions and acquisition plans, and found that the affected sites were around the Japan Self-Defense Forces, the military base of the United States Army…