Subscribe free to our newsletters via your
. Earth Science News .




TRADE WARS
Most China execs say cannot work with Japan firms: poll
by Staff Writers
Tokyo (AFP) Jan 08, 2014


About 60 percent of Chinese corporate leaders say they cannot do business with Japanese firms because of thorny relations between the two countries, a poll published Wednesday showed.

About the same percentage of South Korean bosses said they tried to keep dealings with Japanese companies to a minimum, citing political tensions between the two countries.

However the survey, carried out jointly by the Nikkei of Japan, South Korea's Maeil Business Newspaper and China's Global Times, found around 80 percent of Japanese executives have no problem dealing with companies from the other two countries.

That stands in marked contrast to just 13 percent of Chinese businessmen who said they were able to separate their company's dealings from the diplomatic frostiness.

Tokyo is at odds with both Beijing and Seoul over different territorial disputes. Relations have also long been strained by differing interpretations of their shared history.

That was exemplified by the visit last month to Tokyo's Yasukuni Shrine by Japanese Prime Minister Shinzo Abe, which he claimed was a bid to promote peace.

Seoul and Beijing see the shrine, which counts convicted war criminals among the 2.5 million souls it honours, as a place that glorifies Japan's 20th century outrages.

The survey was carried out in December, before Abe's visit.

"Japanese, Chinese and South Korean corporate leaders hold strikingly different views on cooperating amid political tensions," the Nikkei said.

Nearly two-thirds of Japanese executives named Southeast Asia as their most promising market.

About 38 percent said it was China, down eight percentage points from last year's survey.

"China plus one" has become a buzzword in corporate Japan as firms seek a second foothold overseas as well as the world's second-largest economy.

Southeast Asia, with a population of some 600 million, offers fertile ground for expansion.

For Japanese companies, "it's wise to diversify investment to places like Southeast Asia to keep some distance from China and avoid getting sucked in", said Mitsumaru Kumagai, chief economist at the Daiwa Institute of Research.

The poll received answers from 109 companies in Japan, 100 in China and 137 in South Korea.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








TRADE WARS
Spanish minister in Panama to end $1.6-bn canal impasse
Panama City (AFP) Jan 06, 2014
A Spanish cabinet minister is to meet Panama's president Monday to help break a $1.6-billion impasse that threatens to halt work on a major expansion of the Panama Canal. Spanish Public Works Minister Ana Pastor arrived in the Central American country late Sunday and is to meet President Ricardo Martinelli and Panama Canal Authority Administrator Jorge Quijano. Pastor's goal is to mediat ... read more


TRADE WARS
Classes reopen in Philippine typhoon zone

Typhoon brings unexpected medical relief to Philippine town

South African Trauma Center Launches Portable Electronic Trauma Health Record Application

Haitian president urges his country to come together

TRADE WARS
Sony unveils game service as PS4 sales top 4.2 million

S. Asia takes 71 percent of market for ship breaking

New compounds discovered that are hundreds of times more mutagenic

ISRO raises GSAT-14's orbit

TRADE WARS
Senegal to fine Russian ship for 'fishing illegally'

Local factors cause dramatic spikes in coastal ocean acidity

Los Angeles likely to score driest year since record-keeping began

Major reductions in seafloor marine life from climate change by 2100

TRADE WARS
Trapped ships break through Antarctic ice

El Nino tied to melting of Antarctica's Pine Island Glacier

US icebreaker heads to Antarctic to help stuck ships

Pine Island Glacier sensitive to climatic variability

TRADE WARS
New study may aid rearing of stink bugs for biological control

Important mutation discovered in dairy cattle

Chinese scientists create high-yield, salt-resistant rice variety

Hong Kong arrests 64 for smuggling baby formula

TRADE WARS
Longmanshen fault zone still hazardous

Ground-breaking work sheds new light on volcanic activity

Supervolcano eruptions are triggered by melt buoyancy

One dead as cyclone skims France's Reunion island

TRADE WARS
French defence minister sees no need for more troops in C. Africa

Colonel Ndala: slain hope of reformed DR Congo army

Fighting across South Sudan despite peace talks: army

Attacks on Chadians in C.Africa will not go 'unpunished': president

TRADE WARS
Turning Off the "Aging Genes"

Money Talks When Ancient Antioch Meets Google Earth

Reading a good book may make permanent changes to your brain

Finnish research team reveals how emotions are mapped in the body




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement