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18-04-2014, 09:39 PM
Strained Sino-Japanese relationship, seems benefiting SEA economic...
Japan investment in South-east Asia surges amid China slump
TOKYO – Japanese companies’ investments in South-east Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Chinese labour costs rose, a government agency of Japan said today (April 18).
Japanese companies invested ¥2.33 trillion (S$30 billion) in Singapore, Thailand, Indonesia, Malaysia, the Philippines and Vietnam last year, compared with ¥887 billion in China, Japan’s largest trading partner, the Japan External Trade Organization (JETRO), said.
Investments doubled in South-east Asia and fell 18 per cent in China over 2012 and China’s waning attraction is likely to continue as the ratio of companies planning expansion there fell to a record low of below 55 per cent, JETRO said, citing a survey of Japanese companies.
“Viewed from the Japanese companies’ headquarters, China’s economy and China’s political situation present a considerable amount of risk,” JETRO Chairman Hiroyuki Ishige told reporters at a briefing.
...
http://www.todayonline.com/world/asia/ja...hina-slump
Japan investment in South-east Asia surges amid China slump
TOKYO – Japanese companies’ investments in South-east Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Chinese labour costs rose, a government agency of Japan said today (April 18).
Japanese companies invested ¥2.33 trillion (S$30 billion) in Singapore, Thailand, Indonesia, Malaysia, the Philippines and Vietnam last year, compared with ¥887 billion in China, Japan’s largest trading partner, the Japan External Trade Organization (JETRO), said.
Investments doubled in South-east Asia and fell 18 per cent in China over 2012 and China’s waning attraction is likely to continue as the ratio of companies planning expansion there fell to a record low of below 55 per cent, JETRO said, citing a survey of Japanese companies.
“Viewed from the Japanese companies’ headquarters, China’s economy and China’s political situation present a considerable amount of risk,” JETRO Chairman Hiroyuki Ishige told reporters at a briefing.
...
http://www.todayonline.com/world/asia/ja...hina-slump
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