| Headline: Japan - In the steps of the foreign investor Source: Euromoney Date: March 2000 Author: Peter Lee As Japan struggles to reinvigorate its economy, one sometimes overlooked spark is being provided by foreign direct investment. In selected sectors, foreign companies now seem to believe that recent deregulation offers them a decent crack at a huge and wealthy market. Although it remains prohibitively expensive to manufacture goods in Japan, the service industries and certain retail sectors look promising to foreign companies. And manufacturers are tempted to invest in joint research and technology transfer. Peter Lee reports
For those hopeful that Japanese leaders had finally grasped the importance of liberalizing markets and encouraging competition and foreign participation in the economy, the report made depressing reading. |