keiretsu
English
Etymology
Borrowed from Japanese 系列 (keiretsu, literally “system, series”), from Middle Chinese 繫 (ɣèj, “attached”) + 列 (ljet, “set, row”) (compare Mandarin 系列 (xìliè, “series, set”)).
Noun
keiretsu (plural keiretsus or keiretsu)
- A set of Japanese companies with interlocking business relationships and shareholdings.
- 2011 August 1, Steve Clemons, “China's Internal Pluralism Is Nothing to Cheer About”, in The Atlantic:
- Japan's keiretsu—or families of firms in large scratch-each-other's back networks—supported this or that faction in the LDP, producing a highly successful, structurally corrupt model of economic development that showed remarkable resilience through Japan's high growth economic period.
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.