Faced with a decline in manufacturing jobs in Japan, Tokyo is trying to become the area’s financial capital, and one of the first steps in that crusade is the formation of a new stock exchange for Asian start-up companies, The Wall Street Journal reports.

The Tokyo Stock Exchange and the London Stock Exchange are partnering to create the new market, which will be modeled after the Alternative Investments Market in London, which also serves smaller companies. Created in 1995, AIM now lists more than 2,800 companies.

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