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Keiretsu
A group, or network, of manufacturing and other companies in Japan, usually centred around a bank and including a trading company. Keiretsus are characterised by cross-ownership of shares, strategic coordination, and preference for transactions within the network.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
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