Asia: Japanese firms focussing more on ASEAN than China
Source: Asia Insurance Review | Jun 2014
Japanese firms are focussing more on ASEAN countries and moving away from China which had traditionally been the companies' key investment target as the Middle Kingdom appears to be undergoing a relative decline due to factors such as soaring personnel costs, said Dr Tomikazu Hiraga, Senior Research Fellow and General Manager for Asia, NLI Research Institute, in his new series on ASEAN Economic Integration and Japanese companies.
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