Korea owned by foreigners?

[Eugene Coyle <eugenecoyle@xxxxxxx>]

Today's WSJ reports that

"Foreigners now own more than 34% of South Korean shares by value, up
from just 13% at the end of 1996, the year before the start of the Asian
financial crisis.  This is leading to friction between investors looking
for Western-style corporate governance and Korean managers."

34% of public shares seems to me to be extremely high.

Anybody know statistics for other countries?

Gene Coyle