(Nikkei: January 7, 2015 – p. 3)
Political tensions have led about half of Chinese enterprises to take a second look at plans to invest in Japan or work with partners from the country, a new survey shows.
The Nikkei polled business leaders in the three East Asian neighbors last month, after the Japan-China summit, in collaboration with China’s Global Times and South Korea’s Maeli Business. The newspapers collected responses from officials at more than 100 companies in each country.
Asked about the impact of territorial disputes and other political conflicts, 50% of Chinese said they have reconsidered partnerships with Japanese companies, while 52% said they have revisited Japanese investment plans.
Similarly, 13.4% of South Korean respondents said they have reconsidered partnerships with Japanese companies.
Meanwhile, about 90% of Japanese said their alliances with South Korean and Chinese companies and investments in the two countries have not been affected.
Asked about improving relations between Japan and South Korea, 46.9% of Japanese said top leaders should meet, while 40.6% of South Koreans noted a need for concerted efforts to resolve differences in historical views.
For increased business collaboration in East Asia, 44.3% of Japanese said fostering global talent is a challenge, while 66% of Chinese and 46.8% of South Koreans expressed hopes for technological advancement through joint development. [Translated by Nikkei/edited by MATT]