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Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 18 April 2014 [View all]xchrom
(108,903 posts)15. Japan investment in Southeast Asia surges amid China slump
http://uk.reuters.com/article/2014/04/18/uk-japan-china-investment-idUKBREA3H08Q20140418
(Reuters) - Japanese companies' investments in Southeast 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 on Friday.
Japanese companies invested 2.33 trillion yen (13.5 billion pounds) in Singapore, Thailand, Indonesia, Malaysia, the Philippines and Vietnam last year, compared with 887 billion yen in China, Japan's largest trading partner, the Japan External Trade Organization (JETRO), said.
Investments doubled in Southeast Asia and fell 18 percent 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 percent, 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.
(Reuters) - Japanese companies' investments in Southeast 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 on Friday.
Japanese companies invested 2.33 trillion yen (13.5 billion pounds) in Singapore, Thailand, Indonesia, Malaysia, the Philippines and Vietnam last year, compared with 887 billion yen in China, Japan's largest trading partner, the Japan External Trade Organization (JETRO), said.
Investments doubled in Southeast Asia and fell 18 percent 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 percent, 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.
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