The announced future issue of the 10,000 yen (JPY10,000.4) new banknote with the portrait of Eiichi Shibusawa has reopened old wounds in Korea.
He is known there as the “symbolic figure of the economic plundering of the Korean Peninsula.” “Some observers speculate that Tokyo’s latest move to showcase a key figure from the Imperial Japan era reflects the Shinzo Abe administration’s historical revisionist stance that denies or whitewashes the country’s past wrongdoings.”
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