OFF INTO THE WILD WET YONDER How does this...
Business Trumps Politics (and Posturing) in East Asia
Tensions between China and Japan escalated to the point last year where even a casual observer could see there was serious cause for concern… but the numbers are now in, and it seems that the business reality of things paints a rosier picture.
Foreign direct investment (FDI) into China in 2013 increased 5.25% year on year, to US$117 billion, marking an all-time high. Japan’s portion of that total was US$7.06 billion, behind Hong Kong at #1 and Singapore at #2.
That amount could be even higher, though, as many investors around the world, especially Japanese private investors, use Hong Kong as a conduit into China.
Rounding out the rest of the top 10, in descending order, were: Taiwan, the United States, South Korea, Germany, the Netherlands, the United Kingdom, and France.
Just goes to show that while the mass media, politicians, and military bang their war drums, money and business have turned the channel… for now at least.
H/T: China Daily