Meaning of keiretsu | Babel Free
keɪˈɹɛtsuDefinitions
A set of Japanese companies with interlocking business relationships and shareholdings.
Equivalents
Français
keiretsu
Examples
“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.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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